Monday, 17 February 2014

After just 626 households sign up to the floundering Green Deal in its first year, the industry has called for the government to act now to save the flagship energy efficiency scheme

Numbers of households signing up to the scheme in the past month have dropped by a fifth, causing the industry to call on the government to ‘wake-up’ to problems with the scheme.

Chief executive of the UK Green Building Council, Paul King, said: ‘This latest set of figures, coming a year since the policy launched, should come as a wake-up call to government that the Green Deal is not delivering in its current form.
‘As a financial package, the Green Deal just doesn’t stack up. There are many attractive high street alternatives out there, with loans and credit cards generally available at more competitive rates to fund both the lower and higher value types of eligible energy-efficiency project. Other government incentives such as the recently announced reduction in stamp duty for those taking up the Green Deal are also not inclusive. The pot of money is too small and, worse still, this incentive will only apply to people who are buying or selling their home.’

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