Presentation on theme: "Explaining the Green Deal Your name and group Slides from the Centre for Sustainable Energy www.cse.org.ukwww.cse.org.uk | www.planlocal.org.ukwww.planlocal.org.uk."— Presentation transcript:
Explaining the Green Deal Your name and group Slides from the Centre for Sustainable Energy www.cse.org.ukwww.cse.org.uk | www.planlocal.org.ukwww.planlocal.org.uk
1 - Improving the housing stock Most homes in the UK have low energy efficiency ratings 26 million homes in Scotland, England and Wales 2 - Carbon reduction UK Climate Change Act (2008) and EU targets 27% of total UK carbon emissions from housing sector About 80% of carbon emissions from our homes are from space and water heating Why Green Deal?
3 - Fuel poverty Millions of homes in the UK are in fuel poverty Moving from SAP band ‘D’ to ‘B’ is likely to halve your bills 4 - Cost effectiveness Estimated £85 billion to retrofit UK homes About 60% of lofts and cavity walls already done ‘Hard-to-treat’ homes (off-gas, solid walls) more expensive Why Green Deal?
What’s the Green Deal? The Green Deal offers: Low cost finance to improve energy efficiency Reduced upfront cost Loan attached to the electricity meter Costs recovered over time You get a cosier, more energy efficient home, with reduced upfront cost, with some protection against future fuel price rises
The Golden Rule What you need to know about the Golden Rule: Essential part of Green Deal Used to calculate the amount of Green Deal finance that a householder can be offered Doesn’t work for all improvements Monthly bill savings from the measures installed will be greater than repayments on the loan
What is the ECO? ECO stands for Energy Company Obligation Helps where the Golden Rule doesn’t work Sits alongside Green Deal Replaces CERT and CESP Different strands of ECO Carbon Reduction targets Affordable Warmth targets
Energy efficiency improvements Draught proofing Hot water tank jacket Heating controls Loft insulation Cavity wall insulation Double glazing New boiler Internal wall insulation Floor insulation External wall insulation Solar thermal Solar PV Biomass boiler
The customer journey Assessment Green Deal Advisor visits home Report on suitable improvements Finance Green Deal Provider offers Green Deal Plan Customer decides what to install Installation Work carried out by Green Deal Installer Green Deal Provider issues new EPC Repayment Cost of measures paid back via electricity bill Green Deal costs shown separately
Rented properties The Green Deal will be available to tenants and landlords as well as owner-occupiers Reduced upfront costs for landlord Landlord would require tenant’s consent to carry out works as it will be the tenant who will foot the bill If the tenant pays the energy bills it will be the tenant who will benefit from the measures
Non-domestic properties The Green Deal will be available to non domestic properties as well as homes Includes business premises, community buildings, village halls Basic process is the same as for homes Green Deal assessment is slightly different and may cost more Energy Company Obligation doesn’t apply