The Government must set out a clear vision for what will replace the Green Deal following an announcement that the scheme has effectively been scrapped, according to the Federation of Master Builders (FMB).
Brian Berry, Chief Executive of the FMB, said: “The Government’s announcement that it will provide no further funding to the Green Deal Finance Company and will also stop any future funding of the Green Deal Home Improvement Fund is the final nail in the Green Deal’s coffin. The Green Deal was the greatest flop of the last Parliament – it failed spectacularly in its mission to incentivise millions of house holders to improve the energy efficiency of their homes. However, the Government would have been wise to reform, rebrand and relaunch the Green Deal rather than scrap it altogether.
“What’s clear is that the need to improve the energy efficiency of our properties is an increasingly pressing priority but the Government is showing very little leadership or ambition. The goal of insulating a million more homes over the next five years is a meagre target when you consider that around five million homes were provided with energy efficiency improvements through various schemes over the past five years.
“The Government and industry should not be defeated by the poor results driven through the Green Deal and instead we must learn the lessons and move forward. There are lots of measures which could kick start activity – the Government should provide home owners with zero interest loans to make their properties energy efficient. This move could generate more tax and has worked in Germany.”