Industry calls on government to make Green Deal more attractive

Industry figures have called on the government to make the Green Deal more attractive to potential customers, writes Utility Week.

Only one Green Deal Plan has gone “live” since the scheme was launched at the end of January, and the government is facing calls to cut the 6.96 per cent interest rate offered by the Green Deal Finance Company.

There are also calls for the Department of Energy and Climate Change (Decc) to introduce additional incentives, such as discounts on council tax for energy efficient homes.

Paul Ellis, chief executive at Ecology Building Society, said the current incentives provided by the Green Deal “aren’t enough” to create an energy efficiency market, adding that “we need to see a more competitive interest rate, a simpler process and wider policy incentives to drive take-up”.

Read more on this story at Utility Week

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