Only four people sign up for flagship Green Deal

 
roofers insulating roof The Green Deal has got off to a slow start

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Only four people have so far signed up to a flagship government scheme to make homes more energy-efficient.

The Green Deal, which was launched six months ago, was designed to provide measures such as home insulation.

The Department for Energy and Climate Change (DECC) said just four households have "pending" green deal plans.

However, DECC said that with more finance providers in place, it expected a steady rise in numbers.

In total it said there had been 38,259 Green Deal assessments, where customers are given initial advice about what energy improvements they might be eligible for.

Of those, 241 households have confirmed they would like to proceed with work.

Start Quote

It will take time as this brand-new market finds its legs.”

End Quote Greg Barker Minister for Energy and Climate Change

A spokesman for DECC told the BBC that "some" of the four people who have signed up to the Green Deal will have had building work completed, but he was not able to be more precise.

"A slow start should have been expected for the Green Deal, but it has clearly not fired consumers' imaginations," said Mike O'Connor of the watchdog Consumer Futures.

Finance

The government said there had been a delay in getting finance providers approved, with only five lenders signed up so far.

"The very first wave of Green Deal finance providers have only just got their individual finance terms and conditions in place," said Greg Barker, Minister for Energy and Climate Change.

But he said he expected 50 loan providers to be approved by the end of the year.

"It will take time as this brand-new market finds its legs, but I now expect the number of plans signed to start steadily rising," he said.

But Labour said the figures were proof that the scheme was not working.

"The Green Deal was billed as the biggest home improvements programme since World War 2, but these figures show it is failing," said Luciana Berger, shadow minister for energy and climate change.

"Households need help with their energy bills now - not in 10 years' time," she added.

Under the Green Deal, householders take out loans to finance improvements such as double-glazing, or more efficient boilers.

The idea is that the energy savings they make should more than compensate for the repayments.

The loan remains with the property, not the individual.

 

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  • rate this
    +14

    Comment number 6.

    If we all fitted Solar Panels tomorrow, & ditched the energy suppliers there would be a Solar Panel tax iintroduced at the next budget..We would save little if anything in our wallets in the long run

  • rate this
    +17

    Comment number 5.

    Typical of this bunch - they couldn't organise a party in a brewery! Bet its cost a fortune in taxes tho - and this at a time when services and help to those most in need are being cut.

    Davey boy and Liar Clegg - cant wait for 2015!

  • rate this
    +5

    Comment number 4.

    Isn't it time the Govt put the same energy into plans to reduce the carbon footprint as it puts into deficit reduction? Our children don't want to pay our debts into the forever future but whilst financial debts can be sorted out, I doubt we will be able to put the climate change genie back into the bottle.

  • rate this
    +38

    Comment number 3.

    Hardly surprising. When I went to an exhibition about eco-build, there was a presentation about the green-deal. When the actual conditons and interest rates were mentioned almost everybody laughed and walked out. Five people out of about sixty attendees were left, including me - it didn't get better.

  • rate this
    +11

    Comment number 2.

    Maybe that's because the people signing up for it would have to pay up-front.
    During a recession.
    No takers? Gee, what a surprise.
    Either HMGov wants to reduce emissions, or they want to make money out of it. Which is it?
    Expect an increase in "green taxes" in the next budget.

  • rate this
    +26

    Comment number 1.

    Who can afford to take on an extra loan? Rich people who got the tax break recently already have their homes the way they want them Poorer people who would benefit from this cannot take on the extra expense.

 

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