2014 Report details for project: Green Deal

Project name: Green Deal - there are 2 reports for this project: 2013, 2014
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Organisation: DECC (D11) - see all reports for this organisation
Report year: 2014 (data is from Sept 2013)
Category: Transformation - see all reports for this category
Description: The Green Deal programme aims to promote a step change in the delivery of energy efficiency measures, supported by private capital. The new market framework and Energy Company Obligation will help to meet legally binding carbon budgets, support seasonal energy security, tackle fuel poverty and help consumers reduce energy bills over the long term. The programme is designed to remove financial and quality assurance barriers for consumers, stimulate demand and encourage companies to energy the market for energy efficiency in buildings.
DCA (RAG): Exempt FOI
DCA text: Data exempt under Section 35 of the Freedom of Information Act (2000)
Start date: 2010-05-20
End date: 2030-12-31
Schedule text: The start date reflects the Coalition agreement. Green Deal was launched on time on 28 January 2013. Consumers were able to access Green Deal Finance from June 2013.
Baseline: £200.00m
Forecast: £200.00m
Variance: 0.00%
Variance text: Not applicable as no difference
Whole Life Cost: £10,311.92m
WLCost text: Whole life cost represents £10 billion (discounted) anticipated total capital spend via private sector investment on energy efficiency measures over the life of Green Deal and the Energy Company Obligation, plus £200 million of Government-provided incentives, with a small balance comprising scheme administration and advice services. The whole life costs will need to be reviewed as DECC establishes a new Household Energy Efficiency Programme from 2014-15, following additional capital funding announced in the Autumn Statement 2013.
Notes1: Data exempt under Section 35 of the Freedom of Information Act (2000)
Notes2:
Sourcefile: IPA_2014.csv

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Acknowledgement: GMPP data has been re-used under the Open Government Licence.