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Green Deal cost £17,000 per household

lstar337
lstar337 Posts: 3,443 Forumite
Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
The Green Deal - the government's flagship energy-saving programme - cost taxpayers £17,000 for each home that was improved, a watchdog has found.
The National Audit Office (NAO) concluded that "the Green Deal has not therefore been value for money".
Under the scheme, householders were encouraged to take out loans to pay for measures such as insulation or double-glazing.
But only 14,000 households took up the offer, well below expectations.

http://www.bbc.co.uk/news/business-36043125

Comments

  • Bark01
    Bark01 Posts: 892 Forumite
    Part of the Furniture 500 Posts Name Dropper Combo Breaker
    Bit of a misleading post title. I thought you were saying it had cost every household in the UK £17k

    I'm surprised more landlords didn't take it up.
  • lstar337
    lstar337 Posts: 3,443 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    Bark01 wrote: »
    Bit of a misleading post title.
    I took it directly from the BBC article, so don't shoot me.
    Bark01 wrote: »
    I'm surprised more landlords didn't take it up.
    Based my experience (though I am not a landlord), it was probably not that they didn't want to take it up, but that it was so poorly organised that it was not worth the effort!

    My experience:

    1. Took ages to get EPC.
    2. EPC was mostly wrong when we got it due to incompetent assessor.
    3. Tried to find people to carry out work but almost none were interested.
    4. The ones that were interested said the funding was not yet available.
    5. When the funding did finally become available it was snapped up so quick that none was left after about a day.
    6. More funding made available but also snapped up in no time.
    7. Green Deal promptly scrapped

    I'm pretty sure the only people that benefited from GD were the assessors. Luckily our assessment was free, so they didn't get any of my money.
  • Green Deal

    £240 million divided by households £17,000 per household. I said so from the first day, loudly and consistently every single week that it was an unworkable system.

    ECO

    £94 cost per tonne, replaced the existing scheme costing £34 per tonne. Three times the price.

    Both schemes were a rip off from the very get go designed to empty the pockets of the nation and provide hoped for millions of employment statistics. It could never work, even the % interest on ECO made it an obviously extortionate rate.
    Disclaimer : Everything I write on this forum is my opinion. I try to be an even-handed poster and accept that you at times may not agree with these opinions or how I choose to express them, this is not my problem. The Disabled : If years cannot be added to their lives, at least life can be added to their years - Alf Morris - ℜ
  • 2014 August - the green steal and ECO "Foists debt onto people, by loading ‘the environmental and social obligation costs on those customers that are less likely to leave’, especially those in far more perilous financial situations than my own, to me is socially irresponsible"

    2014 July - one poster on this site cry's his eyes out because s/he's "very p***ed off about this, as I have lost out almost £1m of turnover"

    2013 Nov - Greg Barker admitted only 12 green deals had been 'completed'
    Disclaimer : Everything I write on this forum is my opinion. I try to be an even-handed poster and accept that you at times may not agree with these opinions or how I choose to express them, this is not my problem. The Disabled : If years cannot be added to their lives, at least life can be added to their years - Alf Morris - ℜ
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