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LondonMarch1018_EdDavey

Green Deal Gets More Cash

Encouraging funding or drop in the ocean as Davey provides more funding for the heavily criticised government scheme.

Last week’s Liberal Democrat conference in Glasgow was the backdrop to the announcement of some more money for to kick start the Green Deal again.

Energy Secretary, Ed Davey, stated that £100 million would be provided for the Green Deal Home Improvement Fund (GDHIF). This is on top of the £120 million that was promised in June this year but led to such a take up that the scheme was closed suddenly in July. It led to shock and massive criticism from many trade associations and other bodies and those who had invested substantial amounts in training and resources to prepare for installing energy efficient products like boilers and solar heating.

This new funding begins in November but there are many who feel it comes too late and is not going to be sufficient to maintain the Green Deal and a long term scheme.

“As temperatures start to drop and households turn up their heating, this additional funding is a timely, but ultimately temporary, solution to encouraging energy efficiency,” stated John Alker, UK Green Building Council. “This funding could see us through to the General Election, but what happens after that? All parties must recognise that home energy efficiency is an infrastructure priority, with public investment needed to support the most vulnerable and to create the confidence for the private sector to scale up investment over the long term.”

There appears to be some support for the scheme in the shape of Paul Hardy, Managing Director, Baxi, who gave a more positive response when he heard the Davey announcement. “Given the disappointment of the early closure of the Green Deal Home Improvement Fund, we are cautiously optimistic about the Department of Energy and Climate Change (DECC) announcement.”

 

Caption            Energy Secretary, Ed Davey, announced a further £100 million for the Green Deal Home Improvement Fund but critics are not convinced.

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