Green deal falls short of Government expectations

Green deal falls short of Government expectations

What’s the Green Deal you ask? Well that seems to be the problem, coupled with it not financially stacking up for people.

Recently there has been a lot of coverage in the press as the take up for the Government’s incentive for homeowners and businesses to adopt energy-saving measures for their properties seems to fall far short of predictions. The Government hoped for 10,000 Green Deal plans completed by the end of this year. New figures released today by the Department of Energy and Climate Change (DECC) show that just 57 Green Deal plans have been completed since the scheme launched in January this year, while a further 897 plans were in the pipeline.

The Deal would seem to be a great way to finance energy-saving measures for your property, but with an interest rate of around 7% from the Government, it seems people are looking at other ways to finance the reconsiderations from the energy assessors.

More on the story here