In response to recent announcements regarding changes to energy efficiency policies (including this DECC press release), ACE have asked DECC to answer the following questions: 1. On the announcement of a “Stamp duty rebate” for home-movers who install efficiency measures: Is this really a stamp duty rebate (implying a return of money at some point after purchase for homeowners who can prove they’ve installed measures) or is it just a cashback by another name? What will the delivery mechanism be? Does this money come out of the existing £200m cashback pot, or does it come from somewhere else? Is this Exchequer funding? It is anticipated that 60,000 homes a year will be helped. But what if a large number of homeowners opt to have more expensive measures installed? If the share of the £450m allocated to this scheme runs out prior to April 2017, does this mean that the scheme will be closed?
The genesis of this paper was the speech made by the Secretary of State for Energy & Climate Change, the Rt Hon Edward Davey MP, at a reception on the Terrace of the House of Commons on September 3 hosted by this Association. In his speech, he challenged the Association, on behalf of our industry, to put forward recommendations as to how the effectiveness of the Green Deal/ECO programmes might be improved immediately. This paper sets out a series of practical proposals regarding ways in which a series of operational issues should be addressed.
ACE Research, in partnership with Joanne Wade, was commissioned by the European Council for an Energy Efficient Economy (eceee) and the French Environment and Energy Management Agency (ADEME) to identify and review a wide range of energy efficiency finance schemes from around the world for the World Energy Council (WEC). The research is part of a suite which informed 2013's World Energy Congress in Daegu, South Korea, this October.