Buildings in the UK are among the least efficient in the world

2013-12-09 They account for 38 per cent of the UK’s total greenhouse gas emissions: millions of homes do not have full double-glazing, more than half do not have enough insulation or an efficient condensing boiler. Most do not even have proper heating controls.

Starting from 28 January 2013, households are able to make home energy improvements and pay for some or all of the cost through the Green Deal, the government’s flagship energy saving plan, which is being introduced to try and combat these issues.
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The Green Deal enables people to pay for some or all of the cost of these home improvements through savings on their energy bills, allowing them to protect themselves against rising energy prices, and reduce their carbon emissions. The cost will be attached to the building’s electricity meter. The cost can then be paid back over time, with the repayments being lower than the estimated savings on bills, giving an opportunity to benefit from day one.

There are Green Deal Provider – agreed by the Government – which will calculate the repayments, including interest, that the household will need to make. While the repayments should be no more than what a typical bill payer should save, the actual savings will depend on how much energy is used. the future costs of energy and each provider’s own interest rate! If the household moves, the new occupier will benefit from the improvements, so they will take on the repayments.

But users are reluctant to take on the deals because of the complicated financing structures and prefer to own the devices upfront and be able to take them along when moving houses. They also fear that selling a house with a green deal attached to it my lower their price expectations. Our products are totally transferable, so you can purchase with the peace of mind that you’ll be able to take your investment with you to your next house, or sell them on at additional cost if buyers want to.