UK-GBC Task Group Report: Green Deal Finance

The UK Green Building Council has launched a new Green Deal Finance report which looks at how best to improve the scheme to increase consumer take-up. The key suggestions are looking at solutions to reduce the interest rates.

The report suggests, 'A reduced interest rate would not be a silver bullet solution but it would greatly benefit the Green Deal by increasing the eligible measures under the Golden Rule and reducing the overall payments that householders make. However, other major challenges must also be addressed to make the Green Deal a success, particularly boosting demand for energy efficiency measures through much stronger structural incentives and improved communication and marketing.'

'While none of these options are straightforward, the scale of the retrofit challenge we face, and the benefits that overcoming it would bring, are so significant that this has to be made a top priority for Government.'