A cross-party panel of MPs and experts describes flagship energy saving scheme as ‘financially unattractive’ and ‘overly complicated’
A cross-party panel of MPs and experts has echoed ǿմý’s call for the government to introduce long-term incentives for the Green Deal to boost the faltering retrofit scheme.
The report, by an expert panel set up by the All Party Parliamentary Group for Excellence in the Built Environment, also warned that the Green Deal “may not be strong enough to be a significant influence in meeting the UK’s carbon emissions targets”. It added: “Financially, the Green Deal is unattractive and uncompetitive. It is overly complicated and it doesn’t work for social housing organisations.”
The panel said it was concerned that the Green Deal and its sister scheme the Energy Companies Obligation (ECO), would actually deliver reductions in carbon emissions slower than the two schemes they replaced in January, the Carbon Emission Reduction Target (CERT) and the Community Energy Saving Programme (CESP).
It said only a surge in energy prices could make the Green Deal attractive enough to gain momen