Green Deal Providers

[sedgy34]

The green deal will be a massive scheme come this october!!! i imagine The government will be advertising it too late summer.

 

[sambotc]

ECO (energy company obligation) is as already said a grant available through the green deal from the big energy companies. I'm not 100% but I think it is aimed at people who cannot afford the payments or to help those on low incomes to reduce the size of the monthly payments.

These listed companies have all been accepted to start the green deal in the Autumn, a bit like a pilot scheme, with the intention of other companies joining in early 2012 from what I have heard (I know of someone who works in this dept. for one of the above mentioned companies)

 

[TedM]

The ECO is the Energy Company Obligation part of Green Deal. This replaces the current CERT/CESP which funds free lightbulbs and cheap/free insulation (and provides large profits for the likes of EAGA).

The ECO is planned to be targeted to give grants to those in fuel poverty and with difficult to treat houses - such as insulation for solid walls.

As far as the supposed 22 Green Deal Providers are concerned all they have done is sign this document: http://www.decc.gov.uk/assets/decc/...eal--memorandum-of-understanding-provider.pdf

 

[SRE]

Ted, my understanding is that the free insulation that is being pushed again at the minute is the last of CERT and that when ECO comes in there won't be free cavity or loft insulation unless you're in the benefit/fuel poverty group. Is that right? Is there going to be significant grants for people in solid walls houses with oil/solid fuel/lpg heating?

I'm quite confused about how ECO and Green Deal will work together - I had assumed that the solid wall insulation grants through ECO would be more for social housing and any other type of housing (apart from fuel poor etc) would get their insulation through a loan with Green Deal. So free for the short term future but increased in price by October but with a loan available if you want it...

 

[TedM]

Yes, ECO will replace CERT/CESP. They currently cost about £1.8 billion a year and ECO will drop to £1.5 billion IIRC.

DECC haven't published the final details about ECO yet (as they haven't for any of GD) but this covers the broad scope - http://www.decc.gov.uk/assets/decc/...lp-where-it-is-needed-a-new-energy-compan.pdf

ECO will be available to 'top-up' the GD to address measures that cannot meet the 'Golden Rule' (where loan repayments are covered by bill savings) and this is expected to mainly apply to solid wall insulation. GD Providers are supposed to put this together automatically in some way.

 

[Earthstore]

Is the RHI not linked in with the Greendeal? as that has now been delayed (again) from 2012 to 2013.

 

[finchy]

I like the idea of the GD ! And potential to help improve the energy efficiency of a house.

However as I've said before and no one can answer is how do you value a house with a GD loan. And the implications with selling in a street where one neighbor has a GD and the other not. What stamp duty do they pay etc etc.

Have the DECC thought this through, mortgage companies, solicitors, estate agents, RICS know what to do ! (how do they value Solar with FIT income.....?)

The scheme would discriminate people who use their hard earned savings to pay for it ! As the street sold price would be depressed !

 

[sedgy34]

The GD scheme is with the property not the occupier

 

[Glen Powell]

The RHI domestic side has been delayed however I do beleive the commecial side is still rolling out, there is a lot of potential to the commecial aspect but it is a big monster to feed.

PV is not the primary objective of the GD as far as I understand it, insulation and heating mechanisms are first priority, however it would be a better Idea for the smaller companies to swim upriver rather than expecting food to come down river.

Get together with plumbers, insulation companies, etc, etc so you have in effect a one stop team, generate your own leads and take them to the top for the funding, this is the way I see it working in the end. I do not beleive many GD Customers are going to apply to tescos, B&Q, etc for the green deal.

 

[Eco Deal]

so the big question is will a small business be able to become a Green deal provider ?