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The Reality of the Green Deal

THE REALITY OF THE GREEN DEAL Green Deal statistics as at 16th June 2013 ASSESSMENTS COMPLETED 38,259 ACTUALLY SIGNED UP 0.64% O 245 GREEN DEAL PLANS IN SYSTEM CONVERSION RATE INSTALLATIONS THE GOVERNMENT SET A TARGET TO TACKLE 14 MILLION HOMES && 2020 It would take over 23,000 years at the current rate to meet this target To achieve this, the number of assessments needs to be: 2 million 166,667 or 333,333 EACH YEAR PER MONTH PER MONTH Based on a 100% conversion rate of assessments to plans Based on a 50% conversion rate of assessments to plans Mind the Gap - The Ambition vs Reality Householders to take a whole house approach and install multiple energy efficiency measures 1% REALITY Percentage of cash back measures delivered with mutliple measures Therefore Whole House approach still not being considered Join up a supply chain of both big players and SME boiler companies, glazing installers and builders to offer these multiple measures REALITY Boiler companies 55,000 15% Commited ECO funding £1.3bn each year 532 Approx no. in industry with GD status 85% Glazing companies Cash back incentives 12,000 British Gas 60 SME's/Others Approx no. in industry Little engagement compared to size of these markets with GD status Enable a no-up-front cost route to paying, or part paying, for those 3. E measures; allowing all to benefit. REALITY How people are paying for a recommended key measure": 11% 8% 31% 31% own money 18% through local authority/council 16% Green Deal cash back scheme 16% 16% Energy Company ONLY 8% Green Deal Finance Scheme 16% 18% 11% Others Consumer Engagement 22% 010,000 LOFTS Based on Gov survey awareness level* £76 £11,837 TOTAL SPEND per assessment per plan £2.9m This would have insulated the lofts of approx. 10,000 homes Job Creation AMBITION TO CREATE5.000JOBS BY 2015 2014 JUNE 70,504 2013 Now needed to hit Government Target -5,504 INSULATION INSTALLER JOBS LOST IN THE INDUSTRY SO FAR THIS YEAR KNAUFINSULATION it's time to save етеcgy *Based on recent Government Green Deal Assessment Survey, June 2013 MORE NEEDED TO INCREASE CONVERSION

The Reality of the Green Deal

shared by knaufinsulation on Jul 01
Official figures reveal that only 4 homes have signed up for the Green Deal


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