yes but the total amount cannot be more than the customer is already paying so for instance if they pay £100 per month now once the measures they are installed they would still pay £100 per month until the measures are paid for..... or thats how I read it? ;-)
That is not correct. There are three parts to a green deal assessment. The energy performance certificate which shows typical savings, based on standard occupancy. Then there is the occupancy assessment. This tailors the EPC results for the current occupier and the result is a Green Deal Advice Report (GDAR).
The GDAR (amoungst other things) shows the client how their potential savings compares to the typical savings stated in the EPC. Now as the loan stays with the property (intheory) and so could cover multiple occupants over the life of the GD plan. The loan amount/repayment rate is based on the typical savings shown by the EPC.
This means that higher than typical energy users will save more and actually have a net saving on their fuel bills (including loan repayment). BUT lower than typical energy users can actually end up with a
net increase in their energy bills.
Then you have to factor in ECO, which are the subsidies. This is split in to 3 groups:
- Affordable Warmth, so those who would normally have got CERT funding for insulation.
- Carbon Reduction, aimed at hard to treat properties or off mains gas areas
- Communities, Aimed at the areas considered to be the 15% worst off in the country.
I agree about the paperwork. When I was just doing domestic EPCs I would need 2-3 sides of A4, business energy audits I would use 2-4 sides of A4. For a domestic green deal assessment I need 19 sides of A4 and may have to keep my paper work for 30+ years.
It certainly won't be for everyone. I'm a lower than average energy user so even with the subsidy it is not worth getting solid wall insulation on my property.
I did say there were three parts to a green deal assessment. The third is the assessor has to give advice to the household on how they could save energy costs through no-cost measures. So human behaviour, setting controls correctly etc..
