Subsidies 4

Opinion

Current affairs

By guest columnist Bill Wright, head of energy solutions, Electrical Contractors’ Association
Green leaves

News

AP Mitchell launches Futureproof Green Deal network

The Futureproof network, developed by AP Mitchell, aims to enable gas heating engineers to grow their businesses by allowing them to draw down Energy Companies Obligation (ECO) funding and access Green Deal finance.

News

UK Green Investment Bank unveils green policies

The UK Green Investment Bank (GIB) has today published, for the first time, its green investment policies. The bank has written to key stakeholders to invite their feedback.

News

NAPIT responds to Labour plan to overhaul Green Deal

In a speech at the recent Labour Political Party Conference Caroline Flint pledged that Labour would overhaul the government’s Green Deal initiative if they come into power. However, NAPIT is recommending that no rash decisions are made.

News

Good Energy launches corporate bond

The Good Energy ceo Juliet Davenport Renewable electricity supplier Good Energy has announced the launch of its first corporate bond which the company says will offer investors a coupon of 7.25 percent per annum, paid half-yearly.

News

HIES launch new finance package for installers

The consumer protection organisation the Home Insulation & Energy Systems Contractors Scheme (HIES) has negotiated a special arrangement with several major finance companies. This finance facility allows HIES renewables installers to provide home owners with the best point-of-sale credit deals available in the market place.

Opinion

Green Deal critics are wrong, says PK Group

Ian Feeley, business development manager at The PK Group, refutes accusations that high interest rates are killing off demand for Green Deal finance  

News

Plumb Center gives thumbs up to RHI

Plumb Center’s head of sustainability Tim Pollard Plumb Center’s head of sustainability Tim Pollard has heralded the recent confirmation of domestic RHI tariffs as ‘a great start to the longer journey’ as consumers now have an extra incentive to install renewable technologies.

News

Pay4Later launches Green Energy Finance Division

Pay4Later has today launched a dedicated Green Energy Division, offering consumer finance solutions to suppliers and installers of energy efficient and renewable home improvements.

Feature

Latest Green Deal stats are ‘encouraging’ – says Barker

Although nearly 40,000 assessments have been carried out and over £250,000 paid out under the cashback offer for customers, disappointingly only four Green Deal plans have been signed with 241 pending. Over 90 per cent of the cash paid out was for the installation of boilers.

Opinion

Green Deal’s second coming

Problem solving: Green Deal will succeed, but prompt action is needed, says Roderick Pettigrew, chief executive of the Building & Engineering Services Association The Green Deal has had a very poor start, but can easily be put back on track, says Roderick Pettigrew, chief executive of the Building & Engineering Services Association (B&ES)

News

British Gas becomes GD finance provider

British Gas announced on Friday 17 May that it will provide Green Deal Finance Plans to households across England and Wales. 
The Heating and Hotwater Industry Council (HHIC) has welcomed Kevin Lowe as the new technical manager to drive positive change in the successful implementation of heat pump technology.

News

Conmen pose as GD Assessors

Trading standards officers have reported incidents of conman posing as Green Deal Assessors to defraud homeowners of hundreds of pounds.

Opinion

You recommend – What inverter would you recommend to other installers?

With such a tight squeeze on profit margins, it’s tempting to choose an inverter on price, but with seven years of installing experience and 3,500 inverters behind us, we know this is a false economy.  A customer will be on the phone as soon as a system stops working and this takes time and a man off the road to sort out. For me, the best inverter make is SMA, it’s a well known, efficient brand with a good reputation, warranty and customer service. I like their bolt on products for monitoring and the training – invaluable when things go wrong.  We also receive a payment for replacing faulty inverters. Paul Taylor, research & development director, The Green Electrician Group

News

Opportunity for all

This month the MCS looks at the latest Renewable Heat Incentive announcement The Department of Energy and Climate Change (DECC) have announced that the Renewable Heat Incentive (RHI) is now scheduled to launch for domestic customers in Spring 2014. The objective of the domestic RHI is to support households in moving away from fossil fuels for heating, which will promote energy security and to contribute to the UK’s target on renewable energy deployment by 2020.

News

Green Deal Finance Company secures £244m funding

The Green Deal Finance Company (GDFC) has confirmed details of a £244m funding package agreed with a major group of shareholders, the Department of Energy and Climate Change (DECC) and the UK Green Investment Bank (UK GIB).

News

UK GIB funds UK’s largest NHS energy centre

The UK Green Investment Bank (GIB) will provide £18m of funding towards a new energy innovation centre for Cambridge University Hospitals NHS Foundation Trust, in what will be its first investment in the NHS. GIB’s participation mobilises a further £18m of private capital into the project.

News

Plumb Center get government mention

Simon Allan (renewables director, Plumb Center), Greg Barker (climate change secretary), and Tim Pollard (head of sustainability, Plumb Center) The government has applauded the work Plumb Center is doing on Green Deal, which will help put more money in installers’ pockets.