Omnifarce: Just FIVE Households Sign Up To Government’s Green Deal
One of the Government’s flagship green schemes was branded “chaotic” after it emerged that just FIVE households had signed up.
The Coalition’s much trumpeted Green Deal, which encourages homeowners to take out a loan to make their property more energy efficient, will officially launch next Monday.
But the project went live last October, when homeowners could begin having their properties assessed.
Yet despite the three-month window, the Daily Mirror can reveal that only five assessments have been completed.
The Government is banking on getting one million jobs done by March 2015.
Shadow Climate Change Minister Luciana Berger MP said: “This is yet another setback in what has so far been a chaotic launch period.
“It is very worrying that there appears to be so little interest in the Green Deal with just a week to go before the entire scheme goes live.”
The launch threatened to descend into even more of farce as the interest rate owners will pay STILL hasn’t been announced.
The Green Deal is designed to encourage energy-saving home improvements, including insulation, heating, draught proofing and double glazing.
Homeowners borrow the money for the work – in most cases up to £10,000 – as a loan, which is paid back through their electricity bill.
However, along with the rates to be charged – and the cost of the initial assessment, which could be up to £150 – there is concern that the loan remains on the house, so any future buyer would have to take over repayments.
Climate Change Minister Greg Barker yesterday admitted he did not know what the rate would be.
Ms Berger said: “The Government’s best estimate is that interest rates will be around 7.5%, yet that will leave many paying back more than twice the upfront cost. It’s no wonder that most people seem to be saying no deal to the Green Deal.”
A £2.5million marketing push will start next week, said the Department for Energy and Climate Change said.
In a statement, it said: “It is important to remember the Green Deal is a long-term initiative that will continue to build over the coming months and years.”