What is the Green Deal?
The Green Deal aims to improve energy efficiency for 26 million homes and up to 2.8 million commercial properties by the year 2030. With such ambitious development plans set in place, the government have created the Green Deal’s “Golden Rule”, which is intended to protect the property owner and act as the back bone of the entire scheme.
The Green Deal’s Golden Rule states that the energy savings a property makes in a 25 year period must be equal to or more than the cost of implementing the changes in the first place. This ensures that the property owner is not paying back more to partake in the Green Deal than they are saving on their energy bills.< read more >