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The Green Deal 5 Step Plan

THE 5 STEP PLAN HOW CLOSE IS THE POLICY FRAMEWORK TO DELIVERING THE ENERGY EFFICIENCY REVOLUTION THE FINISH LINE: A policy landscape fit for purpose 3. THE POLICY AMBITION BLACK HOLE Is the supply chain engaged in low energy retrofit and encouraging whole house approach? Boiler companies 55,0001140 Glazing companies 12,000 88 Insulation installers -5,500 Approx no. in industry with GD status Approx no. in industry with GD status Approx no. of job losses If we are to have a revolution we need widely available attractive private finance. 11% How people are paying for a recommended key measure": 8% 31% 31% own money 16% Energy Company 16% 18% through local authority/council ONLY 8% Green Deal Finance Scheme 16% Green Deal cash back scheme 11% Others 16% 18% *Based on recent Government Green Deal Assessment Survey, June 2013 Some measures like solid wall insulation are not cost effective at a home owner GREEN DEAL FINANCE Measures fully meeting the Golden Rule level; subsidy must cover this extra cost - but not the whole cost if we are to attract private finance! The next most cost-effective measures - combination of ECO & Green Deal Finance ECO & GREEN DEAL FINANCE Measures providing affordable warmth to the vulnerable ECO SUBSIDY We need to show that installed products save the predicted energy or homeowners will not be happy and may not pay. Expected energy savings MUST be realised ENERGY BILL People must be given a reason to retrofit; this is the key to the revolution and the other four elements will quickly fall into place if we get the right demand driver STAMP DUTY шш SOLD TAX SOLD ШT • Council Tax Incentives Stamp Duty • Consequential Improvements • Energy feed-in tariff Home with low Home with no low energy measures Installed energy measures Installed All 5 points must work together to achieve success KNAUFINSULATION it's time to save enengy DEMAND REAL SUBSIDY SUPPLY FINANCE DRIVERS PERFORMANCE (ECO) CHAIN Supply Chain Private Finance (Green Deal) Subsidy (ECO) Real Performance Demand Drivers

The Green Deal 5 Step Plan

shared by knaufinsulation on Oct 21
How close is the policy framework to delivering the energy efficiency revolution?


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