What is Green Deal?

The Green Deal is a government initiative being launched to help home-owners and businesses to make energy saving improvements, like insulation, to make their properties more comfortable and energy efficient within the UK.  Once the improvements have been made the home-owner or the business will pay for some or all of the improvements over a period of time through their electricity bill.  The payments made are no more than what a property should save in energy costs.

How can my business get involved?

If you are a tradesman, manufacturer or are involved in the supply and installation of energy saving products your business can join in the Green Deal. Green Deal customers have access to over 40 different types of improvements across the following sectors, including:

• Insulation • Heating • Glazing • Lighting • Micro-generation

So if you have a businesses of any size that can install, manufacture or provide advice to customers about these types of products you can get involved. To see a full list of improvements covered by the Green Deal, visit www.gov.uk/greendeal

So, how does Green Deal work?

Green Deal helps you as a home owner or business owner to make energy saving improvements without having to pay all the costs up front through the Green Deal.

Energy Saving improvements include

  • Insulation, loft or cavity wall insulation
  • Heating
  • Draught proofing
  • Double glazing
  • Renewable energy technologies (solar panels or wind turbines)

OK so what do I need to do to get involved?

  1. First you will need to arrange an assessment of your property to see what improvements can be made and this will then show how much you can save on your energy bills.
  2. You will need to choose a Green Deal provider to complete the work and you will need to discuss with the provider if the improvement will benefit you and your bill costs.
  3. Once you have agreed to the improvements you will need to sign a Green Deal plan.  This will become a binding contract between you and the provider completing the work along with the costs.
  4. A Green Deal installer will complete the work for you.  All Green Deal organisations must be authorised and are recognised by the Green Deal quality mark. (shown above)
  5. Once the work has been completed, the instalments will then be taken through your electricity bill.

Assessments can be arranged now but work can not start on your property until on or after the 28th January 2013.

Landlords:  if you have a tenant in your property you must obtain the tenants permission before you sign up

Tenants: if you are a tenant you must get your landlords permission to sign up which also applies to social housing tenants.

As a businesses owner and/or home owner do you think you will investigate the options of taking the Green Deal initiative?  The Business Octopus will continue to post items relating to the Green Deal, about the assessment process, the repayments process and, moving into a property that already has a Green Deal and the cash back scheme.

You may have already had energy efficient assessments to your property, what work did you then have completed and did you see a reduction in your bills?

Let us know your thoughts and comments.

Sources: Gov.uk & decc.gov.uk