CENTRE FOR WASTEMANAGEMENT Ross Fielding, Research Officer
GREEN DEAL or NO DEAL To commence late 2012 To create 100,000 jobs by 2015 Energy Efficiency Measures Insulation Efficient heating or lighting Renewables For Businesses, Owner/occupiers, tenants or landlords (Separate Funding for Social Housing)
GREEN DEAL – BIG PICTURE 1 UK Housing Stock Total - 26.6m homes Owner/occupied 67% Private landlord 15% Local authority 9% Housing Association 9% (New dwelling completions in 2010 were 102,000 or only 0.4% of the total stock!)
GREEN DEAL BIG PICTURE 2 23.3 million homes have lofts (but only 13.4m lofts insulated to 125mm) – so 10m lofts still need upgrading! 18.7m homes have Cavity Walls (butonly 10.9m homes have Cavity Wall Insulation) – 8m homes need CWI (though some may be DTT) 7.9m homes have solid walls (estimate not more than 1m homes have had internal or external cladding) – 6.9m still to go!
THE GREEN DEAL MEASURES Improvements that conserve or generate energy Eligibility criteria: Suitable for the property & not portable Create savings to “pay-back” the cost. The Golden Rule: Savings MUST cover the Green Deal offered! (installation & finance costs) Government subsidies will support low income groups – danger of Golden Rule Failures
DECC - QUOTED MEASURES Heating, ventilation, air conditioning, controls etc. Cavity wall injection, lofts, flat roofs, cladding of solid walls, draught-proofing, insulation of tanks & pipes Lighting fittings & controls Water heating, water efficient appliances, taps etc. Microgeneration - heat pumps, solar (thermal or PV), biomass & CHP are all mentioned.
QUALITY CONTROL BSI Publicly Available Specification PAS 2030 for retrofitting energy efficiency to domestic & non- domestic buildings UKAS has been appointed to accredit assessors & installers. Green Deal Providers must use accredited assessors AND installers. New Green Deal Code
THE PROCESS 1. Owner or tenant contacts Green Deal Provider. 2. Assessor reports on cost/payback & confirms meets “Golden Rule”. 3. Green Deal Provider accepts report and makes Green Deal Finance Offer. 4. Client accepts Green Deal. 5. Green Deal Provider appoints certified installer. 6. Finance charges (not capital) paid through energy bills to Green Deal Provider – up to 25 yrs
Back to the Future Some professional groups fear take-up will be poor Energy still too cheap! Holidays will still have priority over cavity walls! But under the Golden Rule there should be NO COST. The PQQ for Green Deal Advice expects over 750,000 enquiries per year. Also there is a precedent - this is not actually the first Green Deal!
And Finally..........The Devil will still undoubtedlybe in the detail – of which therewill be a great deal to come!