Green Deal is the Coalition Government’s flagship policy for improving the energy efficiency of existing buildings in Great Britain. It is a new market framework and is based on a key principle that the cost of some energy efficiency measures pay for themselves, in effect, through the resulting savings on fuel bills.
Green Deal finance will not be a personal loan on the householder or building owner but will in fact be a debt held on the property. Future owners of the property will take on the remaining elements of the Green Deal until payment is complete.
There are a range of products available through the Green Deal, including: - Products that keep the heat in, such as external and internal wall insulation, draught proofing and double glazing. - Products that help you heat your home more efficiently, such as efficient boilers, heating controls and under-floor heating. - Products to help you generate your own energy, such as solar panels and air source heat pumps.