Last month, the U.K. stopped the Green
Deal, an ambitious energy efficiency program that never took off the way
the government had hoped. The U.K.’s government wanted to build a
public-private partnership that would give homeowners £10,000 to support energy efficiency improvements, with no upfront costs.
Because the U.K.'s climate
is not extreme, weatherization retrofits did not bring rapid savings. The U.K.
had a modestly successful weatherization program that predated the Green Deal.
The energy retailers provided heavily subsidized wall insulation, and this
cash-back program, was much more popular than the loans. That is why, when the
Green Deal started, the number of weatherization projects
fell 97 percent from the year before. Read more at http://www.greentechmedia.com/