Green Fiasco: Only 12 Homes Take Up Green Deal
The government has billed its Green Deal as “the most ambitious home improvement programme since the second world war”, but it has now been revealed that just 12 homeowners are making repayments through its finance package for energy-efficient work carried out on their property.
Since the scheme’s launch in January, householders have been able to sign up to the deal, which allows them to pay for energy-efficiency improvements to their home with no upfront cost. Work is funded by a loan repaid through their electricity bill, on the promise that annual repayments won’t be more than the savings made from the energy-efficient changes.
Figures released by the Department of Energy and Climate Change (DECC) show that by the end of August just 372 households had actually signed on the dotted line – and only 12 had taken out a loan and had the work done. This is despite the government spending about £16m on the project so far, and setting a target of signing up at least 10,000 households by the end of the year.