Green Deal, the Government's best kept secret?

Housing Wed, Mar 23, 2016 10:25 AM

Green Deal, the Government's best kept secret?

You'd be forgiven for forgetting that Green Deal was launched on Monday.

The government's flagship energy efficiency scheme was somewhat overshadowed by the controversial installation of the HS2 high-speed London trainline.

Are British homeowners aware of the scheme's merits, nay its existence?

Research conducted by uSwitch suggests that just two in ten consumers have heard of the Green Deal, despite a nation-wide consensus to cut energy bills.

The initiative suffered a further blow yesterday when Green Deal Provider Npower said that interest rates charged on the scheme were too high.

Consumers will have to pay interest rates of more than 7pc on agreements funded by the Green Deal Finance Company. Npower say this rate must be lowered in order to attract cash-strapped householders to the Deal.

Commenting on the launch, Deputy Prime Minister Nick Clegg said:“The Green Deal will help thousands of homes stay warm for less.”

“Those people will benefit from energy saving improvements – and their energy bills will fall.

“The UK green sector is a success story. It is the sixth largest in the world and has a crucial part to play in building a strong economy. The Green Deal will support thousands of jobs, not just over the next few years, but in the long-term.”

Read more on today's blog.

Featured News

Specification news
SWISH ADDS SHADOW GAP TO ITS NATURECLAD RANGE WITH TWO...

Swish Building Products is excited to announce an extension to its NatureClad range...

Read More >>

Specification news
Kickspace now operates with lower water temperatures

Following some recent modifications, Myson’s Kickspace® fan convector is now...

Read More >>

BUILDING PRODUCT LIBRARY - LATEST BROCHURES

ACO Blue Roof Guide – Vol 2 Brochure

ACO Blue Roof Guide...
By ACO Building Drainag...

Download Now >>

Stannah Commercial Brochure Brochure

Stannah Commercial B...
By Stannah Group

Download Now >>

Stannah Midilift CLS Brochure

Stannah Midilift CLS
By Stannah Group

Download Now >>

BUILDING PRODUCT DIRECTORY - LATEST PRODUCTS

AlarmCalm
AlarmCalm

OverviewAlarmCalm is a powerful, flexible false fire alarm management solution that’s simple to...

Read More >>

QuickZone
QuickZone

OverviewQuickZone is our fuss-free conventional fire panel range.Quick to fit, configure and...

Read More >>

ExGo
ExGo

OverviewExGo provides a simple, dependable solution to complex fire protection problems in high-risk...

Read More >>

CONSTRUCTION VIDEOS - LATEST VIDEOS

The UK's No 1 Pool, Spa and Wellness Show – SPATEX 30 secs
The UK's No 1 Pool, Spa and Wellness Show – SPATEX 30 secs

And there’s a chance to do it all over again when the BIG 30th anniversary edition of SPATEX 2026...

Watch Now >>

Reclaimed Brick Company Leah's Yard Square Sheffield
Reclaimed Brick Company Leah's Yard Square Sheffield

Reclaimed Brick Company is part of Leah's Yard Square in Sheffield, a historic site revitalised for...

Watch Now >>

Day in the life of a Reclamation Yard
Day in the life of a Reclamation Yard

A typical day at a reclamation yard is filled with activity and discovery. Early mornings often...

Watch Now >>