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What is the Green Deal?
Heralded as a “revolution” in the UK energy sector, the Green Deal is the flagship government initiative to increase the energy efficiency of British properties in the public and private sector.
First proposed to parliament in December 2010 as the centrepiece of the Coalition Government’s Energy Bill, the Green Deal will allow private energy firms to provide domestic and commercial customers with double glazing, loft and wall insulation and other structural improvements designed to boost the energy efficiency of their buildings and reduce heating bills.
From autumn 2012, participating energy utility companies and accredited retailers such as Tesco, B&Q and Marks & Spencer will provide customers across the UK with quality-assured work to their homes, businesses and community spaces for no upfront cost, and without loans or advance finance.
What is a Green Deal Measure?
A Green Deal Measure is an “improvement” made to a property which has been financed through the Green Deal. This can include part-financing, where a customer has chosen to pay for some of the work themselves. However, there will be no standard Green Deal Measure or list of measures that are appropriate for every property. What is appropriate for a property depends on a number of factors including the work already done to the property.