9th July, 2013

Five months after its launch nearly 40,000 assessments have been carried out under the government’s flagship Green Deal initiative. In the first quarter of 2013, the North West was leading the way with 16% of Green Deal assessments – the highest in any of the regions. However, rather disappointingly no household has as yet completed the process of making their home more energy efficient through the Green Deal.

It’s just a matter of time though as recent figures released by DECC revealed that 241 households have confirmed they would like to proceed with financing and 4 households are registered in the system as finalising green deal plans, whereby works are installed and paid for by the scheme’s financing.  More than 5,000 people have registered for the green deal scheme's "cashback", with 968 being paid a total of just over £250,000. Virtually all of the cashback payments – 99% of them – were for boiler upgrades, with just one for loft insulation and one for solid wall insulation.

There clearly is an interest in the scheme so how come such slow progress is being made?  Greg Barker, Minister for Energy and Climate Change, said that the reason for the small number of green deal plans in their final stages was because few companies have been setup to offer the finance. “Getting software systems running and finance into place for Green Deal Plans to be signed has taken time, so the numbers here are lower. The very first wave of Green Deal Finance Providers have only just got their individual finance terms and conditions in place and gone live with their software systems that operate this whole new product. However, now the first five are up and running, the good news is that we expect up to 50 authorised finance providers to be active by the end of the year, massively increasing the access to finance in the market.”

Green Deal in the regions
9,224 Green Deal (GD) Assessments in England and Wales were completed from January to March 2013. The North West was leading the way with 16% GD assessments – the highest in any of the regions. 14% were in each of the South West (1,325) the South East (1,300) and Yorkshire and The Humber (1,281). 4% of GD Assessments were in Wales (376) and one per cent were in Scotland (70).

Number of Green Deal Assessments lodged by administrative area, up to 31st March 2013

Steph__s_table___regional_news

There are clearly a number of retrofit hotspots emerging across the UK where pioneering initiatives such as Project Viridis (a consortium of social landlords who have signed up to a programme of work which will retrofit 100,000 houses in Liverpool), Alliance (the UK’s largest procurement initiative for social landlords with over 1,170 members) and the Greater Manchester Low Carbon Hub are leading the way.

All these key players and many others will be speaking at the Retrofit Roadshows taking place across the UK’s retrofit hotspots:

3 September        Retrofit North West, ACC Liverpool
5 September        Retrofit North East, Civic Centre, Newcastle
10 September        Retrofit Birmingham & West Midlands, Millennium Point, Birmingham
17 September        Retrofit Wales, City Hall Cardiff 
29 November        Retrofit London & South East, Business Design Centre, London

With £500 billion likely to be spent over the next three decades on upgrading existing housing, commercial and industrial buildings, retrofits will play a significant part of the future construction industry. Make sure you don’t miss out and book your place at www.retrofit-roadshow.co.uk

Source: Stephanie Moore

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