Much More Sensible Than The Green Deal...
Posted 29 December 2012 - 12:47 AM
Edited by joiner, 29 December 2012 - 07:19 AM.
Posted 29 December 2012 - 07:40 AM
In Scotland, social housing providers are doing much the same, as the CICStart webinars and conference agendas attest. ( http://www.cicstart.org/ )
Some of us agree with the AECB's argument that the money paid to onshore wind farm developers would see a better cost-benefit all round, at less cost to the consumer...
And take your pick of this lot...
I have yet to see anyone, anywhere, express any kind of support for the Green Deal. When it was first mooted it was laughed off the pitch as fundamentally flawed, not even its good intentions getting it any credit.
Subsidies paid to onshore wind - money which is driving schemes into ever more marginal locations, especially since the NPPF specifically precludes a scheme's poor generating potential as reason for objection - is money diverted from where it could better be spent.
Edited by joiner, 29 December 2012 - 08:42 AM.
To clarify a point.
Posted 29 December 2012 - 12:36 PM
* An EPC which is a basic assessment of your property. It makes assumptions about how many people live there and how they use the heating. It does not take account of your actual usage or bills.
* The Occupancy Assessment which is personalised to you and does assess your own energy use.
The loan and repayment calculation is based on the EPC not the Occupancy Assessment. So what happens when you have a little old lady living in one room of a four bed house? I can see some less than honest double glazing salesmen telling her that she's going to get free double glazing and save money based on the EPC whereas her actual bills (including the Green Deal interest) may actually go up. The Green Deal is secured against her house so in theory if she can't pay she looses her home - although I can't see the government allowing this situation to actually arise.
I can also see some dubious practices occuring... For example what's to stop a salesman/advisor inflating the cost of the work until the Green Deal repayment matches the predicted savings? It's already common for salesmen to focus on the monthly repayment cost rather than the overall cost.
Posted 29 December 2012 - 01:01 PM
And it is just too damn complicated. This is from that 'impact assessment' paper...
"The choice of repayment period is important because it affects the annual Green Deal charge and hence the net bill savings consumers receive. For example, a £1000 measure would require an annual Green Deal charge of £146 if paid back in flat instalments over ten years, assuming a 7.5% interest rate. But if paid back over twenty years, the charge would be just £98 pounds. So if the measure is expected to save £150 annually, the customer could expect bill savings of £4 a year if paying back over ten years and £52 if paying back over twenty. This trade-off between higher bill saving (good) and longer repayment period (bad) is reflected in the consumer preference section of the model where uptake is affected positively by the first component and negatively by the second.
As such, we have selected standard repayment periods for each measure to best reflect their cost and performance, so as to achieve a certain level of net bill savings while keeping repayment periods to a reasonable length. Hence all solid wall insulation packages are repaid over twenty years and all cavity wall insulation packages are paid back over ten years. In reality, customers will be free to choose their own preferred repayment period, within Golden Rule constraints, so in this respect the modelling is conservative."
Presumably, each Green Deal assessor carries a crystal ball with them to allow the customer to look into their future to understand which of the options to choose.
We've discussed elsewhere the inherent problem with modelling - the presumed accuracy of the underlying assumptions. It isn't helpful if the assumptions are biased towards the outcome the modeller wants.
Posted 30 December 2012 - 10:34 AM
As CN reported earlier this month, the initial transactions in the offshore wind sector are focused on existing assets, to familiarise the markets with the sector.
It is hoped that this could move to construction and development phases at a later date, but no timeframe has been outlined.
I'm not familiar with subsidies either, can I get a cheap loan too?
Edited by temp, 30 December 2012 - 10:36 AM.
Posted 27 January 2013 - 04:48 PM
Anyone who has spare available equity in their house would be far better off trying to extend their mortgage, I'd have thought. Just how interest rates this high are going to encourage people to adopt energy saving measures is beyond me. It looks more like a way to encourage a bit of money making by the financiers behind the Green Deal than a real attempt to improve energy efficiency.
I predict this will be a big damp squib, with few taking up the offer. I also predict that we'll see a raft of companies behaving like the worst kind of double glazing sales people selling home improvements on the back of this to people who could get a better deal if they shopped around.
Posted 27 January 2013 - 05:59 PM
Posted 09 February 2013 - 01:54 PM
Edited by DamonHD, 09 February 2013 - 01:54 PM.
Posted 09 February 2013 - 02:03 PM
I vaguely remember (I was driving through fairly heavy traffic at the time) Winifred Robinson asking him how he squared that statement with the fact that such people could only just manage their current fuel bills, so how were they expected to pay the extra the GD would pile on top?
(Anyone else fancy trying to fing that episode. Really annoyed that I can't. )
Edited by joiner, 09 February 2013 - 02:03 PM.
Posted 09 February 2013 - 02:22 PM
I don't know if that is in effect a straw man because a good assessment should then select (slightly reduced) works which split the available cash between repayment and getting the house somewhat warmer, eg dangerously cold any of the time. Good solutions are not binary, but somewhere on a continuum.
I haven't been able to get all of my IWI done in one go: does that mean I'm hard done by? I think not.
So we'll need to see how well/badly GD+ECO actually functions in practice I think, especially in those marginal-to-extreme hardship cases.
Posted 09 February 2013 - 05:14 PM