ECO and Green Deal
By the end of November, the Energy Company Obligation (ECO) and Green Deal package had delivered energy saving measures to over 1 million homes. This milestone came a month after the Government allocated a further £30 million to the Green Deal Home Improvement Fund (GDHIF). This was part of an additional £100 million pot announced in October 2014, with the next release expected this month. Because of the general election, there is uncertainty about the future of GDHIF beyond May, so householders who are keen to install external wall insulation are getting themselves ready to apply as soon as the February funding is released.
Feed in Tariff
Although the Feed in Tariff (FIT) went down slightly to 13.88p/kWh on January 1st, interest in solar is still strong. The FIT deployment at the end of November 2014 was over 630,000 installations. This is a 26% increase on the number of installations in the previous year, with solar PV responsible for 99% of the increase in installations.
Britain still has some of the least energy efficient homes in Europe, and high energy bills are still causing suffering for millions of families, especially those on low incomes.
With the election looming, the leaders of 80 charities, businesses and unions are urging politicians to end the scandal of winter deaths by spending billions of pounds each year on home insulation.
Members and supporters of the Energy Bill Revolution alliance are calling upon party leaders to make a commitment in their election manifestos to use infrastructure funds to invest in a more ambitious and effective energy efficiency programme. Campaigners feel strongly that
the next government should make home energy efficiency a priority in order to slash energy bills, provide a lasting solution to fuel poverty, bring down carbon emissions, reduce winter deaths and cut NHS costs.