The Green Deal is in danger of “sleepwalking into obscurity”, warns the ECA.
In response to the Energy and Climate Change Committee’s report into the Green Deal, the ECA has said that the findings should be a stark warning for the Government.
The ECA said, “The Energy and Climate Change Committee’s report into the Green Deal issued on 22nd May is a wake-up call to Government, which must keep on top of Green Deal performance if it is to prevent its flagship policy from sleepwalking into obscurity.”
Now the Green Deal is live, the Government must be quick to react to what is happening on the ground, and make changes if success is in doubt. Considering the PV FITs fiasco was worsened by the Department of Energy & Climate Change (DECC) relying on outdated figures on solar installations, the DECC should be accessing real-time information on the Green Deal, right now.
Millions of homes and businesses could benefit from the Green Deal, but at the current rate of assessments it will take around 100 years to get round to them. The first figures on actual Green Deal installation work, which come out in June, will be crucial.
Depending on what these figures say, the DECC may need to be ready with a Plan B. That should include reducing interest rates, which are widely seen as uncompetitive. Even simple measures like making the early adopter loans more obvious to consumers could help.
Awareness of the Green Deal financial incentives is very sketchy; publicity of what people need to do to benefit from the scheme is non-existent. How can the ‘common man’ (or woman) take advantage of the scheme when they are not being provided with any information?
The government call this a "Flagship incentive" - I would call it propaganda.
- Mark Jenkins