Green Deal, the ECO & local authorities - Steve Ives, DECC
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Transcript of Green Deal, the ECO & local authorities - Steve Ives, DECC
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Green Deal, the ECO & local authorities
Steve IvesDepartment of Energy and Climate [email protected]
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Introduction
• The Green Deal
• Energy Company Obligation
• The role of local authorities
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What is the Green Deal?
• A market-led mechanism, funded by private capital
• Energy efficiency improvements at no upfront cost
Assessment / advice
Assessment / advice
Finance Finance InstallationInstallation Repayments and Follow-
up
Repayments and Follow-
up
Marketingand
Consumer Demand
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Assessment / advice
Finance Finance InstallationInstallation Repayments and Follow-
up
Repayments and Follow-
up
Marketingand
Consumer Demand
Marketingand
Consumer Demand
The Green Deal Process (1)
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Assessment / advice
Assessment / advice
Finance InstallationInstallation Repayments and Follow-
up
Repayments and Follow-
up
Marketingand
Consumer Demand
Marketingand
Consumer Demand
•No upfront cost•Repayments attached to energy meter
The Green Deal Process (2)
![Page 6: Green Deal, the ECO & local authorities - Steve Ives, DECC](https://reader036.fdocuments.in/reader036/viewer/2022070304/54b8a22a4a795977378b4570/html5/thumbnails/6.jpg)
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Assessment / advice
Assessment / advice
Finance Finance Installation Repayments and Follow-
up
Repayments and Follow-
up
Marketingand
Consumer Demand
Marketingand
Consumer Demand
•Accredited installation
•Product certification
•Green Deal Code
•Quality mark
The Green Deal Process (3)
Assessment / advice
Assessment / advice
Finance Finance Installation Repayments and Follow-
up
Repayments and Follow-
up
Marketingand
Consumer Demand
Marketingand
Consumer Demand
![Page 7: Green Deal, the ECO & local authorities - Steve Ives, DECC](https://reader036.fdocuments.in/reader036/viewer/2022070304/54b8a22a4a795977378b4570/html5/thumbnails/7.jpg)
Green Deal: Repayment
7
Repay via meter over up to 25 years
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What is the ECO?
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• ECO is an obligation on the energy suppliers to support household energy efficiency
• Builds on strengths of existing CERT and CESP schemes
• Designed to fit with the Green Deal landscape
• Will commence at end of 2012
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The role of the ECO
• There will be households for whom Green Deal finance is not suited
• ECO to integrate with the Green Deal, with a focus on:o hard to treat properties; and o vulnerable and poor
households
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Timetable Green Deal & ECO legislation
DATE MILESTONE
December 2010 Introduction of the Energy Bill to Parliament
Pre- Autumn 2011 Officials engage stakeholders as they develop the technical details for secondary legislation
Autumn 2011 Formal consultation on secondary legislation
Early 2012 Secondary legislation laid before Parliament
Spring 2012 Detailed industry guidance prepared
Autumn 2012 First Green Deals appear & ECO in force
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The role/s of local authorities
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Working with Local Authorities
How is DECC working with local authorities now to deliver the Green Deal?
• MoU between DECC/the Local Government Group
• DECC LA advisory panel
• Support and guidance for local authorities
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Thank you
Questions?