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Monday, August 17, 2015

Lessons to be learned from the failure of the UK’s Green Deal residential weatherization program

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/