What Is The Green Deal?
The Green Deal is a package of funding, loan systems and industry standards that the government has developed, all aimed at making energy saving in the home and work easier for everyone.
Step 1: Assessment
Step 2: Finance
Step 3: Installation
Step 4: Repayment
Step 1: Assessment
Green Deal Assessor does an EPC & Occupancy Assessment on a property & produces a Green Deal Advice Report (GDAR). Assessor is independent of installers.
Measures recommended must meet the Golden Rule:‘Savings made must be more than the cost of the work’
The GDAR is portable & can be given to any Green Deal Provider...
Properties will be given behavioural advice.
Step 2: Finance
The bill payer talks to a Green Deal Provider who provides details on:1. Cost of the measures2. Finance (cost, interest rates, warranties, early repayment
charges)3. Available funding – you can add your own
It looks like loans will be around 7.5% APR
Green Deal Finance is attached to the property’s electricity meter so when the resident moves out the charge stays with the property
Up to 25 years if required
Step 3: Installation
The Green Deal Provider uses an authorised Green Deal Installer to install the agreed energy saving measures.
Once work has finished a new EPC is created to show the new energy rating.
Step 3: Repayments
The Green Deal repayments will appear on the electricity bill as a separate charge.The frequency at which the bill-payer receives the electricity bill doesn’t change.
If the residents change how they use energy in their home once the Green Deal work has finished then there is a chance that they may end up paying more instead of saving money.
Measures
Energy Efficiency:• Insulation – cavity wall, external & internal wall, hot water
cylinder, roof, room in roof, loft rafter, loft hatch• Draught proofing• High thermal performance external doors• Energy efficiency glazing
Heating upgrades:• Cylinder thermostats & heating controls• Storage heaters & heat recovery devices• Efficient gas & oil boilers, warm air & under floor heating
Measures cont.
Microgeneration:• Biomass boilers & biomass room heater• Heat pumps• Micro CHP• Micro-wind generation• Solar photovoltaics & Solar water heating
Other:• Lighting fittings & controls• Waste water heat recovery• Devices attached to showers
Implications for Museums
Commercial Green Deal- Museums could make energy improvements- No upfront costs – spread over 1 to 25 years- Works well when owner/occupied- Improve internal comfort for staff/volunteers
Domestic Green Deal-Community organisations being encouraged to partake- Raise awareness amongst staff and volunteers- Save energy at home, save in the workplace- Some providers may pay referral fees