The Green Deal Scheme Outlook

The Green Deal is a flagship policy of the new Government and is scheduled for potential introduction in 2012. The idea behind the policy is to allow home owners, landlords and businesses access to energy efficiency improvement measures where they might previously have been unable to afford the measure or could not obtain a suitable grant.

Under the Green Initiative the consumer will get an Accredited Assessment, which will be an independent inspection of the property, such as found in an Energy Performance Certificate. This independent report will help to identify what energy improvement measures could be undertaken upon the property. These measures could potentially include upgrading insulation, changing the heating system and controls, and installing renewable technologies.

The Accredited Assessment will then pass the information onto an approved Deal Provider, who are certified installers for the improvement measures that are outlined on the report. It is expected that the Green Provider will analyse the list of improvements with a view to what would be permitted to qualify for the Green Deal Finance.

There is a Golden Rule that will be applied to any potential improvement before it can be approved for Green Deal Finance. This Golden Rule has two conditions, first, that the expected saving from the improvement must be equal to or greater than the projected cost of measure itself. The second is that the repayments must not go on longer than the expected life time of the improvement measure. If a measure does not meet these criteria then it will not qualify for the Deal Finance.

If a measure does not qualify for Green Deal Finance then it may still be installed provided that the consumer either pays for the measure in full or subsidises the amount to the point where the remainder could be approved under the Green Deal Finance.

The Green Deal Finance will allow the cost of the improvement measure to be spread as repayments and collected from the property Utility Bills until such time that the debt is repaid. These repayments will be taken by the Utility Provider and will be covered under the Consumer Credit Act. Because the Deal Finance is a charge against the property utility bills any future owner or tenant of the property will continue to pay the charge until the debt is paid. In this way the debt belongs to the property.

Before work can commence on the installation of an improvement measure under the Deal Finance express consent must be given by all parties with a vested interest in the property. For example, a tenant may undertake improvement works under the Deal, but must have the landlord’s permission to do so.

In this way the Green Deal aims to making energy efficiency measures available for domestic and commercial customers, to help save energy use, make the properties better insulated and to help to reduce the amount of carbon we generate.

The Reality of Alternative Energy Initiatives on Local Utility Companies Considered

The more non-performing alternative energy initiatives forced on the Utility companies the higher the cost of energy for everyone. Why? Because most of these green energy schemes are hugely subsidized and thus, increase the cost of our energy, therefore hurting families that are on a budget and making our manufacturing companies less competitive and our small businesses unprofitable.

Now let’s talk about wind generation. The reality is that wind by itself will never be enough and solar would require outrageous numbers of acres to perform what we need. Further, the availability of transmission lines near these projects means additionally lines costing 100s of billions of dollars to supply even 10% of the amount of energy this great nation uses.

There should be a mix of our energy generation, but should have to compete for cost against current methods. Why not challenge our entrepreneurs, innovators, researchers, scientists, and inventors to come up with efficient designs.

Speaking of which there are some on the way that can compete and within 5-years the solar efficiency and cost to produce can compete and beat other forms of energy generation. I say fine, when it makes sense for the environment, cost AND efficiency then go for it. Forcing it before its time will prolong the reality of an alternative energy future.

We should not make alternative energy into a religion, we need to do what works and stop the charade because in the end, survive or fail, we are all on the hook for the whole thing, and we ought to never forget this truth. Think on it.

Green Energy Versus Nuclear Power

With the main UK political parties wanting to create thousands of new green jobs over the next ten years it will be interesting to see how we aim to become a market leader in green technology which is where China are currently the world leader. India is aiming to be a solar country within 10 years as it deals with decreasing fossil fuels and population growth that is gulping petrol and oil at an unprecedented rate.

The effects of climate change seem to be taking second place against cold hard cash and the lack of it as a result of the global recession. Global concerns on security are leading to countries wanting to become less dependent on others for energy which is essential for economies to grow and prosper. There is also the threat that countries considered rouge by the West are developing nuclear power for other purposes than for power.

Once a country develops nuclear power it is less dependent on others and nuclear is definitely needed in countries which are not blessed with the sun for solar power. On the flip side there is the never ending question of what to do with nuclear waste and this has not been resolved to date with all the modern technology that we have at our disposal.

The Conservative Party and Lib Dems have recently been voted in in the UK and they want to spend two hundred billion pounds investing in nuclear and renewable energy in the UK while cutting carbon emissions. These are honourable intentions but I am not sure where the money will come from as we deal with the biggest budget deficit since World War 2. Any increased target of increasing the amount of energy produced from renewable energy is the way forward as it reduces the pollution and environmental damage from fossil fuels.

News announced in May 2010 are that a proposed 40 million solar power development is being discussed in Cornwall which would triple the UKs solar capacity. This money is being raised from private investors which is great to see. Only when solar becomes profitable will we see the wide scale use but these schemes should be subsidised by the tax payer when it makes sense to do so. The use of energy created by sea waves are also expanding in the UK which is logical considering we are an island and more money should be invested in research and development. In parts of the country where there is little wildlife or threat of ecological damage then these are the areas where renewable energy should be concentrated as jobs will be created as a result also.

On a more smaller scale homeowners with surplus solar power are being encouraged to feed this back into the national grid for which they will be paid for.

As a summary it appears that nuclear energy has not been promoted as much as in recent times which is likely to be due to the recession and reduction in energy needs. As the demand for energy increases in the developed world as we come out of recession then I’m sure this article will be very different in the future.