The Green Deal - Energy Efficiency Program Overview
This overview outlines the key components of The Green Deal, a program aimed at promoting energy efficiency and consumer savings. It covers aspects such as assessments, finance mechanisms, supply chain involvement, installation standards, repayments collection, and a timeline for implementation.
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Presentation Transcript
The Green Deal Tracy Vegro Director Energy Efficiency and Consumers 11thOctober 2010
Green Deal Process Repayments and Follow Up Assessment Finance Installation
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 3
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 4
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 5
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 6
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? 7
Indicative Timetable Autumn 2010 Bill introduced into Parliament Autumn 2011- Bill receives Royal Assent (depending on length of 1st Session) Ahead of Autumn 2011 - 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 8
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. 9
