Climate Week Promotes Green Deal

1 March 2013

The Green Deal will be among the topics under the microscope next week as Climate Week gets underway.

Now in its third year, Climate Week is an initiative carried out to promote the reduction of carbon emissions, improved energy efficiency, and climate change awareness.

These are the same measures the Government is hoping to highlight with the Green Deal, a scheme designed by the Department of Energy and Climate Change (DECC) that was officially launched on 28 January.

Climate Week will see no fewer than 3,442 events across the UK, each focusing on improving awareness of climate change and promoting an ‘act now’ approach.

The week’s flagship event will see Ed Davey, the Secretary of State for Energy and Climate Change, give a talk and answer questions relating to climate change, energy efficiency and the Government’s Green Deal scheme.

The event is scheduled to take place at The Building Centre in Bloomsbury, London, on Wednesday 6 March.

The Liberal Democrat MP succeeded Chris Huhne as head of DECC in February 2012. DECC is responsible for creating the Green Deal scheme, which is administered by Ofgem.

The purpose of the scheme is to aid those households already living in fuel poverty to lower their energy bills, while also helping to prevent more households from falling into fuel poverty. It is estimated that some nine million properties will live in fuel poverty by 2016.

Under the scheme, householders can apply for financial assistance in the form of a loan, in order to improve the energy efficiency of their home. Improvements such as Loft Insulation, Cavity Wall Insulation, External Wall Insulation, and Boiler Replacement all qualify for financial assistance.

Low-income householders meeting certain requirements can apply for a full grant to cover the cost of improvements such as Loft Insulation and Cavity Wall Insulation. Those that do not meet these requirements can still apply for a loan to cover the upfront cost. The sum loaned is repaid through the property’s electricity bill, and under the scheme’s ‘Golden Rule’, the repayments will not exceed the amount that will be saved.

The Government has made £125M available in cashback incentives, in order to help meet current climate change requirements. A household having Loft Insulation installed will be entitled to £100 cashback while those having Cavity Wall Insulation fitted can claim £250.

These types of improvements will be on the agenda of many of the Climate Week events and workshops that focus specifically on the Green Deal.

Climate Week is scheduled to take place between 4 and 10 March.

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