Green Deal Tinkering Will Not Deliver Long Term Success Warns Knauf Insulation
The figures released today reveal that despite 71,210 assessments, only 12 homes have a 'live' Green Deal plan, in which the energy efficiency measures have been installed and repayments are being made via energy bill savings.
Manchester (I-Newswire) September 25, 2013 - As the latest Green Deal statistics show that only 12 homes have signed up to the scheme, Knauf Insulation has cautiously welcomed moves by the Department of Energy and Climate Change (DECC) to widen the scope of the Green Deal cashback incentive, but warns that the proposed changes still do not go far enough.
The figures released today reveal that despite 71,210 assessments, only 12 homes have a 'live' Green Deal plan, in which the energy efficiency measures have been installed and repayments are being made via energy bill savings. Conversely, 5,733 cashback vouchers have been paid, yet virtually all of these - more than 96 per cent - were for single measure boiler replacements, not the whole house retrofits the scheme was intended to deliver.
In a letter to registered cashback providers, Greg Barker, Minister of State for Energy and Climate Change, has requested feedback on proposals designed to increase uptake in the cashback scheme.
The proposed changes would allow customers to apply for the cashback without having to use a Green Deal Provider to arrange the work. However, a Green Deal Assessment would still be required and the work would have to be undertaken by a Green Deal Registered Installer.
In addition, the proposals are considering removing the requirement for an Insurance Backed Guarantee where householders are self funding the installation. Finally, the letter indicates that DECC is considering the introduction of further conditions to shift the focus of the scheme away from boiler replacements.
John Sinfield, Managing Director of Knauf Insulation Northern Europe commented: "We are pleased to see that DECC is finally taking heed of industry calls to tackle the dismal levels of Green Deal take up, but we must be clear that tinkering with the scheme in this way falls far short of the major revisions needed to ensure its long term success.
"So while we support the introduction of multi-measure cashbacks and the focus on tackling the building fabric with loft and cavity wall insulation where possible, the issue still remains that there is a severe lack of significant demand drivers. Real incentives to act are required, such as reduced Council Tax rates for better performing properties or variable Stamp Duty for those that achieve a certain energy efficiency standard."
About Knauf Insulation
Knauf Insulation is the UK's leading insulation company. It represents one of the most respected and More.. progressive names in European building products.
Knauf Insulation is active in more than 35 countries with 30 manufacturing plants and over 5000 employees across the globe. The company, which is part of the German family-owned Knauf Group, continues its strong and steady operational and financial growth, having achieved a turnover well in excess of â‚¬ 1 billion in 2010.Less..
PO Box 10
Stafford Road, St Helens, Merseyside
Phone : 01744 766600
Published On:September 25, 2013
Print Release:Print Release
If you have questions regarding information in this press release contact the company listed above. I-Newswire.com is a press release service and not the author of this press release.The information that is on or available through this site is for informational purposes only and speaks only as of the particular date or dates of that information. As some companies and PR Agencies submit their press releases once per week,month or quarter, make sure to check the official company website for accurate release dates as our site displays the I-Newswire.com press release distribution date only.We do not guarantee the accuracy or completeness of information on or available through this site, and we are not responsible for or omissions in that information or for actions taken in reliance on that information.