Your Guide to the Green Deal
Posted on the 5th February
Introduced by the government in January 2013, the Green Deal has been a permanent fixture in our newspapers and on our television screens since it was launched. However, despite its publicity, this renewable energy scheme has left a number of people stumped about how it works and what benefits the scheme harnesses for the average household. We have compiled an essential guide to the Green Deal so you can improve your home’s energy efficiency.
What is the Green Deal?
The Green Deal allows you to take advantage of energy saving technology like solar panels and improve the overall efficiency of your home through various home upgrades without paying anything upfront. Solar panel installation and the addition of loft, cavity or solid wall insulation can be an expensive investment with initial costs going into their thousands. But through the Green Deal you can improve your home without pushing your finances to their limits.
Applying for the Green Deal
The Green Deal application is an assessment process, which is completed by an accredited advisor. A survey is completed at your domestic or commercial property to determine whether you qualify for help through the scheme.
Green Deal advisors use a series of techniques and approved software to identify how the energy efficiency of your home or business property can be improved, either via the installation of low carbon or micro-generation technologies, double glazing, insulation or heating and hot water enhancements. Your assessor will also be able to advise you on what level of financial savings you will be able to achieve through the improvements and how the repayment system of the scheme works.
Following assessment a Green Deal advice report is created to ensure you have all the information you need to determine whether the scheme is right for you.
Your Green Deal advice report is your ticket to financing your energy efficient home improvements and can be taken to Green Deal Providers to obtain funding. You can approach one or more providers and it is advisable that you shop around to get the best possible deal. Once you have chosen your provider, you will then sign a Green Deal Plan, which acts as a contract between you and your provider in regards to installation and your repayment program. Installation can then take place at your premises.
Paying for Your Energy Improvements
The cost of your home improvements are repaid through your energy bill over time, and due to the savings you will make thanks to your new installation and upgrades, the repayments are relatively unnoticeable. Your energy supplier will work with your Green Deal Provider to take payment until the overall cost of your improvements has been met. You can also choose to settle your bill early and if you move, the repayments will remain with your buyer.
For more information on the Green Deal, contact WeRSolarUK.
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