NEWS

Green Deal Plans Into Four Figures

19 November 2013

More than 1,000 Green Deal plans are now in place while in excess of 300,000 energy efficiency measures have been installed as part of the Energy Company Obligation, the latest Government statistics reveal.

According to the Department of Energy and Climate Change (DECC), the Green Deal and Energy Company Obligation are having a big impact on the energy efficiency of the nation’s housing stock.

The two schemes – launched in January of this year – have been designed to make British homes more energy efficient while reducing carbon emissions. Under the schemes, householders are offered financial assistance to pay for energy saving home improvement measures such as Cavity Wall Insulation, Solid Wall Insulation and Loft Insulation.

The Green Deal provides householders with a low-interest loan which is repaid via a property’s electricity bill.

According to statistics from DECC, 1,173 Green Deal plans were in place up to the end of October. This included 219 ‘live’ plans in which measures had been installed; 594 ‘pending’ plans in which a contract had been signed and measures were about to be installed; and 360 ‘new’ plans in which a contract was still to be signed.

In addition, DECC reports that 101,851 Green Deal assessments – in which a property is evaluated to determine which energy efficiency measures would be best – have now been carried out.

16,674 assessments were carried out during the month of October, the most in any one month since the scheme launched at the beginning of the year.

The Energy Company Obligation provides low-income householders at risk of fuel poverty with a non-repayable grant to make energy saving improvements to their property. ECO grants are also available to properties that are classed as ‘hard-to-treat’

According to DECC’s latest statistics, 303,795 measures had been installed under the Energy Company Obligation up to the end of September (the latest date at which information is available). 58,497 of these measures had been installed in the month of September alone.

DECC reports that 33% of the measures installed relate to Cavity Wall Insulation; 32% relate to Loft Insulation; 27% to boiler upgrades; and 4% to Solid Wall Insulation. The remaining 4% is split across a variety of other measures available.

While uptake of the Green Deal has been slower than the Government had initially hoped for, these latest figures show that the scheme continues to grow. Meanwhile, the Energy Company Obligation is having a huge impact on British homes.


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