The Green Deal
Simon Roberts
Chief Executive
Why the Green Deal?
Most of the homes that will be in UK
in 2050 are already built…
“Our housing stock - the oldest in
Europe - is costing us the earth. So we
have set up the Green Deal to bring our
homes into the 21st century.”
EPC based on RdSAP
What the UK housing stock looks like
Energy
Efficiency
Rating
Band
EHCS 2008
National %
South West
%
% Difference
A
0%
0%
0%
B
<1%
<1%
<1%
C
10%
8%
-2%
D
36%
31%
-5%
E
38%
38%
<1%
F
13%
15%
+2%
G
3%
7%
+4%
What this means in terms of bills….
• Average band ‘B’ bill is £530 – band ‘G’ is £2,200
• Moving from ‘D’ to ‘B’ is likely to half your bills
• 91% of the properties in the south west are band ‘D’
or below
What is the Green Deal?
In a nutshell…..
You install an energy efficiency measure at no upfront
cost as the cost is recovered through your electricity bill
How is this possible?
The ‘Golden Rule’
Your overall energy bill should not go up as the
monthly bill savings from installing the measure
should be greater than the repayment on the loan
Looks a bit like this…
The process
Assessment
Finance
Accreditation
Installation
Repayments
& Follow up
So what is so different then….
Not personal debt….
The charge is tied to the
electricity meter – so you
only pay while you live in the
house and are benefiting
from the measures.
When you move out, the
new occupant carries on
paying on their bills.
How big is the Green Deal?
Big…
“The Green Deal is the
largest and most ambitious
home improvement
programme our country has
seen since the second world
war”
And how does this fit with the ECO?
The Energy Company Obligation
• A major part – and key driver – of the Green Deal
• Helping complex measures meet the ‘Golden Rule’
• Providing affordable warmth for vulnerable customers
Fits something like this…
Non-domestic premises will be
included in the Green Deal
Many of the 2.8 million business working out of
commercial premises will also be able to benefit
What is CSE doing about this…
The Green Deal Local Incubator
An initial viability study of how to establish framework
to enable local building companies and communities to
engage in Green Deal:
Supply chain and procurement ; contractor networks;
access to ECO and green deal finance; marketing and
customer journey management; accreditation and
quality control; roles of local councils and communities
For more information
• www.cse.org.uk/greendeal
• http://www.decc.gov.uk/en/content/cms/consult
•
ations/green_deal/green_deal.aspx
OR
http://tinyurl.com/greendealdecc