JohnMathers wrote:The Green Deal is probably one of the worst ideas I have heard of for quite some time.
What measure does DECC think that people will rush out and install once the barrier of paying for it upfront is removed and the opportunity to indebt yourself for 25 years is available?
There aren't any measures that will be suitable; payback on solid wall is 20 years, and installed cost is about 10K. If there is anyone out there who would like to lend me £10,000 which I can repay at a rate of £400 per annum please get in touch.
Landlords might find this an ideal opportunity to upgrade their properties and have the tenants pay the cost.
A property with a Green Deal repayment attached to it will be less attractive to prospective purchasers/tenants than one without.
Properties are sold on average once every seven years (might not be absolutely correct, but definitely something like 7 years) - will the Green Deal repayments be recalculated for each new owner or occupier as a single person who works all day uses much less energy than a family with young children?
What Government intends is not usually what the private sector delivers.....
26% of CERT target met by posting 276 million light bulbs.
CESP became a Decent Homes scheme bolt on - only 27 schemes approved by OFGEM as at April 2011 (scheme ends Dec 2012)
Feed in Tariffs hijacked by private sector investors setting up large scale schemes on a large scale completely unforeseen by DECC
FITs massively unfair anyway as enables poor people to pay rich people to install solar panels and get paid for the energy they generate
No opportunities for Local Authorities anyway as cannot compete with cash rich utility companies (BG profits £700 million last year)
John.
Don't hold back John
However those are some interesting and valid points you make.
What's the future because as far as I see it there isn't a Plan B if Green Deal fails to deliver?Statistics:Posted by Matt Lucas — Fri Jun 24, 2011 7:44 am
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