1. The Green Deal
Tracy Vegro Director – Energy Efficiency and Consumers 11th October 2010

2. Repayments and Follow Up
Green Deal Process
Assessment
Finance
Installation
Repayments and Follow Up

3. Assessment
All households entitled to an energy efficiency assessment as part of Green Deal
Accredited assessor produces – Fabric and behavioural assessment
Independent – uses agreed methodology
Consumers can shop around after receiving advice

4. Finance
A new finance mechanism enabling a payment obligation to be attached to the energy meter at a property
The householder receives a package of energy efficiency measures at no up-front cost from a ‘Green Deal provider’.
Obligation passes to whoever pays the bill at the property, so transfers automatically to any new occupier
Not a loan, and not secured against the property

5. The Supply Chain
Green Deal will remove barriers promote take up and stimulate the market for energy efficiency – leading to more activity and more jobs
The supply chain could be very broad, including opportunities for:
energy companies
big name retailers
local authorities
major construction companies
local installers
Currently 27,000 people are employed in energy efficiency sector - as installers, ancillary staff and in supply chain
Over the next decade the market might grow to support 250,000 jobs
Estimated for 2025.  This is a peak year but is not unrepresentative of a range of years in the mid 2020s. These installation estimates are used to calculate the number of installer jobs by considering the number of person days associated with each measure. Ancillary jobs and supply chain jobs are calculated by applying a fixed ratio to the number of installer jobs (taken from the 2009 Innovas report).

6. Installation
Green Deal will require standards and accreditation for products and installers
Installer will need to:
meet certain standards to practice under the Green Deal
carry the Green Deal kite-mark/ logo
sign off work once complete and inform GD Provider that repayments can begin

7. Repayments and follow up
Payments to be collected through energy bills – either gas or electricity with Green Deal charge as a separate line on the bill
Follow up information from GD Provider/ visit from adviser?

8. Indicative Timetable Autumn 2010 – Bill introduced into Parliament
Autumn Bill receives Royal Assent (depending on length of 1st Session)
Ahead of Autumn officials will be developing thinking on secondary legislation with a view to drafting secondary legislation and formally consulting.
Early 2012 – secondary legislation laid in Parliament
Spring 2012 – detailed guidance prepared
Autumn 2012 – First Green Deals appear

9. Challenges
How do we ensure that a wide variety of businesses get involved in delivering Green Deal products and services?
How do we make sure Green Deal is seen as an obvious and desirable choice for households - a ‘no-brainer’?
How can we best support the supply chain in gearing up?
Glad I can count on the support of the TUC in harnessing the opportunities Green Deal will bring.