The government has halted funding for the Green Deal Finance Company and the Green Deal Home Improvement Fund, calling time on the home energy efficiency retrofit initiative. It says it has taken the move, “in light of low take-up and concerns about industry standards.”
The government will work with the building industry and consumer groups on a new value-for-money approach, energy and climate change secretary Amber Rudd has said. Government has commissioned an independent review – to be led by BRE chief executive Peter Bonfield – to look at standards, consumer protection and enforcement of energy efficiency schemes. It says that future schemes must provide better value for money, supporting the goal of insulating a million more homes over the next five years and its commitment to tackle fuel poverty.
The announcement comes as part of government’s wider review of energy policies. Amber Rudd said: “It’s now time for the building industry and consumer groups to work with us to make new policy and build a system that works”.
The decision has no impact on existing Green Deal finance plans or existing Green Deal Home Improvement Fund applications and vouchers.