Green Deal & Eco Funds

[TedM]

Re: Green Deal & Eco Funds

If you can do ECO work and get paid realistic commercial rates then that is great. Sedgy - have you found it easy to set up the guarantees that are required?

But there doesn't seem to be much else going on outside ECO:
Government?s green deal branded a failure as fewer than ten UK homes take out loans offered - Green Living - Environment - The Independent

 

[sedgy34]

We have setup everything required wasn't too bad

 

[SolarCity]

Well done to you both. Takes some kahunas do jump into this and I'm chuffed it's paying off for you.

 

[SRE]

www.gov.uk/government/publications/green-deal-assessment-survey-summary-report

Some really interesting stats in the data backing today's report. Seems to be loads of boiler replacements and insulation were already being considered - no surprises there. SWI being considered more than I's anticipated but that's going to happen via ECO if at all - and that could still be quite a way off being sorted. Looks as though around 150 plans done if it's one measure/plan - less plans if there are multiple installations on each plan.

I wonder how many are British Gas boiler replacements? I'd hazard a guess that GD is a better finance option than BG's own finance.

 

[Eco Deal]

green deal will be better than eco once its ready !

 

[sedgy34]

is there anything better than a freebie??

 

[Gavin A]

watch the sting in the tail though lads - ECO funding is available on an annual basis at capped limits, once those limits are reached the funding taps will switch off entirely until the next financial year.

So what's better than a freebie? Something that can delivery a pipeline of work year round that's not entirely dependent upon the whims of government & energy companies, and quotas.

I'm sticking with solar being the better bet in the short, medium and long term, though I'm sure that with the broad skill set you'll have to be developing with ECO etc that there will also be plenty of work down the line in those fields regardless of the eco / green deal angle, so it's all good as long as you keep an eye on the fat lady as she prepares to sing each year for Eco funding.

 

[Jimy]

Can pellet boilers be installed on the ECO deal?

 

[sedgy34]

Can pellet boilers be installed on the ECO deal?

If the customer is eligible they will qualify for Eco funding but they would have to either green deal finance the rest towards the installation cost or they would have to dig deep in their pockets

 

[Jimy]

Hows the ECO funding structured in that situation? Is it that the ECO grant pays a set amount and the customer can fund anything above that amount?