Green Deal Market given green light by the government

The Green Deal market which is focusing on energy efficiency is about to be brought into operation as the government has just created secondary legislation which will give it the green light. The legislation is also focused on reducing burdens in industry, strengthening protection for consumers and the implementation of the Energy Company Obligation.

The cost of electricity and gas has been greatly increasing and this is something that is affecting many families. Unfortunately, it is not just the price of electricity and gas which makes bills expensive, and many homes are poorly insulated meaning they have to use more power than necessary. A great deal of homes do not take advantage of double glazing or have enough insulation. It is estimated the poor insulation is responsible for over 40 percent of greenhouse emissions in the UK.

The Green Deal is a government backed programme which encourages people who pay for gas and electricity in order to make improvements to the home which mean they have to use less energy to heat their home. The deal means that some of the work that needs to be done will be paid for through subsidies provided from energy suppliers. This money is going to be given to people who need the insulation the most, especially those who are in properties which are particularly inefficient.

As well as reducing the carbon footprint of many homes this is going to encourage a great deal of employment in the insulation sector. It is estimated that in the next three years 60,000 jobs are going to be supported, which is a significant increase on the number of jobs in the sector right now. The government have recently focused the scheme more on people in low-income areas and it is estimated that over 220,000 homes will be able to take advantage of the scheme.