Parliamentary Questions tabled by Luciana Berger 07/03/2011
Greg Barker confirms that the ECO will work alongside the Green Deal for vulnerable households and those which are more expensive to treat
The response to a Parliamentary Question tabled by Luciana Berger – Greg Barker confirms that the ECO will work alongside the Green Deal for vulnerable households and those which are more expensive to treat. We are currently looking into the ECO in more detail.
Luciana Berger: To ask the Secretary of State for Energy and Climate Change what estimate his Department has made of the number of households in each (a) property type and (b) region which will not qualify for Green Deal finance because they do not meet the golden rule.
Gregory Barker: Green Deal finance will support the installation of measures that can be expected to pay for themselves in energy bill savings over their lifetime and within the period of the finance arrangement.
Whether a measure meets this golden rule will depend on the circumstances of the individual property, including what measures have already been installed. Failure to meet the golden rule is unlikely to be a wide-spread issue, but the precise nature of what Green Deal finance will cover will be subject to individual assessments.
For vulnerable households where fuel bill savings are likely to be lower, and for properties which are more expensive to treat, the new Energy Company Obligation will work alongside Green Deal finance.