New figures have revealed that installations of cavity wall insulation have fallen by 97% in April compared to last year, following the introduction of the green deal scheme.
Data from construction industry magazine Building, sourced from the Cavity Insulation Guarantee Agency, says that the government’s flagship energy efficiency scheme, which is designed to keep energy bills down and cut greenhouse gases emissions, is at the root of the decline.
Since the introduction of the green deal at the end of December 2012, figures suggest installations dropped 73% in the first months of 2013 and even more in April.
Before the green deal came into force, cavity wall insulation received subsidies. But under the green deal scheme, households have to apply for a loan provided by the Green Deal Finance Company (GDFC).
The figures could mean that households will have to deal with rising energy prices as gas costs go up, but it would also mean that the UK might struggle to meet its carbon targets.
According to Building, a spokesman for the Department of Energy and Climate Change (DECC) said, “The green deal is an ambitious, long-term programme designed to deliver home improvement in Great Britain on an unprecedented scale.”
They also stressed that the cashback scheme offers £250 for cavity wall insulation, although this is just a small part of the total cost.
Shadow minister for climate change Luciana Berger said, “This staggering collapse in the number of energy-efficiency installations is a disaster for our economy and a body blow for hundreds of small businesses across the country”.
The green deal scheme has raised concerns over potential side effects of saleability of homes, as research showed that 21% of people interviewed would think twice before buying a home with a green deal loan attached to it.
Like our Facebook Page
Can You Maximize Your Profits While Investing Ethically?
Environmental Benefits of Living in Miami. Why Is It Worth Moving There?
5 Ways To Shift To Green Energy At Home
Advantages of Free-Range Farming for Eco-Friendly Consumers
What is Eco-Friendly Investing and How Can You Embrace It?
Green Software Ideas to Implement with an Offshore Development Team
5 Things Eco-Conscious Consumers Should Know About Private Wells
The True Environmental and Social Costs of Mined Diamonds
20 Incredible Facts Eco-Tourists Should Know About Dubai
5 Massive Benefits of Turning to Renewable Energy
6 Tips For Getting the Most from a Solar-Powered Home
7 Excellent Ways to Live a Greener Lifestyle in 2021
How the Property Industry Is Embracing Eco-Friendliness Across the Board
Sustainability in Construction: Methods to Mitigate Environmental Impacts
New Company is Driving ESG Infrastructure Development in Mining
10 Tips to Turn Your Next Holiday into an Eco-Friendly Celebration
4 Benefits of Commuting with a Bicycle as an Eco-Friendly Consumer
Some Important Facts about Eco-Friendly Glass Railings
Impact Proof of Stake Ethereum Mining on Power Industry Sustainability
7 Business Survival Guidelines All Eco-Friendly Entrepreneurs Must Follow
- Features10 months ago
Eco-Friendly Hacks To Create A Durable Shop For Your Home
- Energy6 months ago
Eco-Friendly Homeowners Lower Carbon Footprints through Greater Air Conditioner Efficiency
- Features5 months ago
Seven Health and Safety Tips for Eco-Friendly Products in a Green Home
- Features10 months ago
5 Simple Ways To Create A Greener And Healthier Home