The Green Deal is part of the Energy Act 2011. The policy framework was approved by Parliament on 27 June 2012, it had its ‘soft launch’ in November 2012 and came into force on 28 January 2013. It is intended to make existing homes and businesses more energy efficient financed through savings on energy bills. This will be supported by the Energy Company Obligation which will fund harder to treat homes and low income households.
The government predict that this initiative will create a workforce to fit energy efficiency measures of 100,000 people by 2017.
In this video Chris Ashworth of Competitive Advantage reviews the Green Deal, looking at how has it been recieved by the industry, what the early take up is and what opportunities are available.