Green Deal & Eco Funds

Eco Deal · Jul 12, 2013

If your entering the market now forget eco funding for boilers your too late this year. its all given out. Providers all have different business models some pay p/£ others set rates...... everybody as setup small networks and coming in now will be hard I am so glad I took the gamble while all you guys where taking the P ...... I think green deal is the way forward and it will bring solar back but along side say EWI and other measures all rolled into the same green deal plan...... Also there is talk you council tax will go off your EPC. The EPC is the new king of construction........ good times are coming for us fingers crossed I even hand my RECC audit in today ready for solar

Gavin A · Jul 12, 2013

sedgy34 said:
So greendeal finance is almost available the solar industry will be kick started again won't it

if it kick starts solar the same way it's kick started every other measure, I can't wait for that extra couple of jobs to share between the industry nationwide.

We've kick started it ourselves anyway.

Gavin A · Jul 12, 2013

Eco Deal said:
If your entering the market now forget eco funding for boilers your too late this year. its all given out. Providers all have different business models some pay p/£ others set rates...... everybody as setup small networks and coming in now will be hard I am so glad I took the gamble while all you guys where taking the P**s ...... I think green deal is the way forward and it will bring solar back but along side say EWI and other measures all rolled into the same green deal plan...... Also there is talk you council tax will go off your EPC. The EPC is the new king of construction........ good times are coming for us fingers crossed I even hand my RECC audit in today ready for solar

Have you actually had any green deal funded installs (of any technology) carried out through to the installers being paid?

I really just don't see it myself, all I see is an incredibly complex, time consuming, relatively high interest finance plan albeit with lots of government bribes that are 99% going to none green deal funded new boiler installs by some odd quirk of the system.

Not going to knock back eco funding for solar in electrically heated properties if it were available to help persuade housing associations etc to do projects, but I'm guessing it'd be a hell of a lot of work with every possibility the funding would suddenly dry up just at the point the project was about to get green lighted or something.

SolarCity · Jul 12, 2013

Eco Deal said:
EPC. The EPC is the new king of construction........ good times are coming for us fingers crossed

I agree with that. Those that took the leap for the Green Deal should be in a good position for whatever scheme comes next even if the Green Deal fails.

TedM · Jul 12, 2013

Greenday said:
That's nearly right. Boilers are priced at pounds saving over life of boiler and then auctioned at pence in the pound.

The providers are trying to keep all the real profit but its a risk if they can't fulfil their commitment to brokerage. So installers hang fire especially if you can deliver big numbers!

We all need to make a living and low prices to installers will just deliver crap jobs!

The Affordable Warmth part of ECO is brokered at £/tonne of CO2 saving. Was £125/tonne in April but now fallen to £95/tonne. (The brokerage is how an 'independant' GDP gets funds from an energy supplier but will not apply to a Big6er who is both, so they will have other means of deciding price.) Yes, other parts of ECO are priced differently.

There are plenty of rumours (on LinkedIn) of bad practices around ECO that are being investigated by Gemserv. Expect more bad publicity for GD.

I also see that in Germany their equivalent of the GD is financed at 1% and is a big success.

Worcester · Jul 12, 2013

I think green deal is the way forward

I take it that you mean it is the way forward for your particular business model.

There is now and will continue to be a substantial market for renewable technology installers WITHOUT the need for the Green Deal or ECO.

If you like 'bashing' lots of properties for low margins, then fine, go with the Green Deal certified, I don't see it though as the BEST business model for smaller businesses

Bearing in mind the governments problem with the UK's ageing housing stock, and that a lot of that is either Housing Association or Privately tennanted accomodation I still see the Grren Deal as primarily a replacement for CERT (Carbon Emissions Reduction Target) and CESP (Community Energy Saving Programme) and the big winners in this will be as before the big6 and large nationals like Carillion, Mark Group, DGI etc

The Government's spin machine has the ability to publicise the £1.3 billion a year ECO funds as Green Deal successes.

What I do see, is a lot more awareness of energy saving / energy cost reduction, and the good thing is most of those customers want to do it themselves as they don't trust the goverment to see the scheme through lomg term, and don;t see a short term win aka 'What's in it for me'.

With over 86% of the UK's housing stock worse than an EPC of D (the governments own figures) they would have a riot bigger than the poll tax on their hands if they tried to link that to your council tax..

What will happen when the ECO obligation runs out in 2015, is uncertain yet, - whatever happens it's going to be a ball

The Solar King · Jul 12, 2013

TedM said:
I also see that in Germany their equivalent of the GD is financed at 1% and is a big success.

If only. It is just a pity we had to have a so called market solution where only big business could get their snouts in the trough. We should have had a system of central finance provision at 1% with customers able to go to any GD installer without all the rubbish of GDPs and the like. They can give money at 1% or less to their friends in the banks to fund first time buyers so helping their friends in the large construction sector but not to do something that would have given an instant and immediate stimulus by getting an army of trades people rushed off their feet. There would be no waiting for trickle down, it would be an instant multiplier effect in the economy.

The Government keeps on talking about wanting to finance 'shovel ready' projects to get the economy moving (HS2 for instance

). GD could be going like a fair but not with the stupidity currently surrounding it.

Greenday · Jul 12, 2013

The Affordable Warmth part of ECO is brokered at £/tonne of CO2 saving. Was £125/tonne in April but now fallen to £95/tonne. (The brokerage is how an 'independant' GDP gets funds from an energy supplier but will not apply to a Big6er who is both, so they will have other means of deciding price.) Yes, other parts of ECO are priced differently.

There are plenty of rumours (on LinkedIn) of bad practices around ECO that are being investigated by Gemserv. Expect more bad publicity for GD.

I also see that in Germany their equivalent of the GD is financed at 1% and is a big success.

As far as Im aware ECO is split 3 ways

CERO- Carbon Emissions Reduction Obligation---Basically hard to treat cavity and external wall insulation------Priced in £/tCO2

CSCO-Carbon Saving Community Obligation--Basically focus is low income and rural communities fro insulation measures---priced in £/tCO2

HHRCO (used to be affordable warmth)--Home Heating Cost Reduction Obligation--- Basically heating measures for the fuel poor---priced in pence in the pound

Hope this is right!

TedM · Jul 12, 2013

Yes, I'm confused by the fact that ECO brokerage still uses the terms "Affordable Warmth" and "Carbon Saving Obligation" - https://www.gov.uk/government/uploa...le/210605/ECO_Brokerage_eAuction13_020713.pdf
It is the CSO that is £/tonne CO2.