What is the Green Deal?
The new Green Deal intends to reduce carbon emissions cost effectively by revolutionising the energy efficiency of British properties. The Green Deal financial mechanism eliminates the need to pay up front for energy efficiency measures and instead provides reassurances that the cost of the measures should be covered by savings on the electricity bill.
The key focus of the new energy company obligation (ECO) will be on householders who cannot achieve significant energy savings without an additional measure of support.
For example, this includes vulnerable and low-