Energy secretary to announce fresh £100m to reopen Green Deal cash-back incentive scheme
Ed Davey is set to announce a £100m boost to the Green Deal in a bid to drive take up of the struggling energy efficiency programme.
The energy secretary is expected to announce the boost at the Liberal Democrat conference in Glasgow today, with the cash to be used to reopen the cash-back incentive scheme that was closed in July after the first £120m tranche of funding was used up.
Davey is expected to announce the fresh round up funding for the Green Deal Home Improvement Fund, which was designed to stimulate take-up of the Green Deal, which has struggled to gain momentum since it was launched at the beginning of 2013.
Speaking to ITV this morning, Davey said: “We’re managing to show that you can go green and you can have low energy bills. The announcement that I’m making today of £100m to help people cut energy emissions and have warmer homes, and indeed cut carbon emissions I think will be really welcome.
“People want to have permanently lower energy bills and the fact that through our Green Deal and the Green Deal investment fund, that will help people make their homes warmer and greener and cheaper.”