Green Deal axed - no more cash for home energy efficiency

The Government's flagship "Green Deal" home energy efficiency programme is to fold as ministers announced they were pulling its funding.
%VIRTUAL-ArticleSidebar-property-guide%

The Department of Energy and Climate Change (Decc) said there would be no further funding for the Green Deal Finance Company, which delivers the programme, in light of low take-up and concerns about industry standards.

There will also be no more funding for the Green Deal Home Improvement Fund cash back scheme, which gave households money back on home energy efficiency improvements.

Measures have been installed in around 10,000 properties under the Green Deal scheme, in which providers meet the upfront costs of installing efficiency measures and householders pay the money back from savings they make on their energy bills.

Today's announcement does not affect existing Green Deal plans taken out by householders or existing Green Deal Home Improvement Fund applications and vouchers, Decc said.