The Green deal is a piece of government legislation aimed at helping homes and businesses reduce their energy consumption, save them money and help the UK meet its carbon reduction and renewable energy targets in the process.
The way the Green Deal is financed means people will pay for energy efficiency improvements through savings on their energy bills.
At Mark Group we are proud to be one of the pioneer organisations to take part in the Scheme and are an approved Green Deal Assessor, Provider and Installer.
How does the Green Deal work?
The Green Deal can effectively be split into four main stages:
As a Green Deal Assessor we will visit your property in order to identify just what energy efficiency improvements could be of most benefit to you. We will also be able to offer advice on just how the repayments will work and which of our recommendations are likely to be most cost effective.
We will then produce a report outlining your options.
Once you have your report we can help you with the next stage which is to appoint a Green Deal Provider who can arrange and fund the improvements. If you do decide to go ahead with the improvements outlined in your report, you will be asked to sign a Green Deal Plan which is basically a contract between you and your Green Deal Provider.
Along with your chosen Green Deal Provider we will arrange a suitable time with you to come and carry out the work you have agreed to in your Green Deal Plan.
Mark Group are accredited Green Deal Assessors and Advisors and Green Deal Installers and are able to access Green Deal Providers to arrange the finance. On this basis you’ll only ever have to deal with us making the process as simple as possible for you.
As already mentioned, you’ll only pay back the cost of your improvements over time through savings on your energy bill. Your energy supplier will pass on details of your payments to your Green Deal Provider and the amount you pay back will be no more than what you save on your bill after the improvements have been installed.
The way the Green Deal Finance is arranged means this is not the same as a conventional loan. The charges are attached to your property so, if you move out, the new occupant will pick up the charge whilst also benefitting from a more energy efficient property.
Although interest is charged on these payments, the rate is fixed and you will be shown a full schedule of repayments before you are asked to sign up to your Green Deal Plan.
There are 45 energy efficiency measures that have been approved to receive funding under the Green Deal, covering ;
Other measures may get added to the list, subject to having quantifiable energy savings.
For businesses and the non-domestic sector it will also be possible to get funding for energy efficient lighting, mechanical ventilation and heat recovery measures.
At Mark Group our trained assessors and advisors can help you to understand what grants and funding options are available to you depending on your needs and circumstances. Contact us to find out more.
As a Green Deal Approved Installer, Mark Group are able to provide the following energy efficiency measures under Green Deal funding:
If you need more information on how the Green Deal will benefit you we are happy to answer any queries you may have.