Green Deal “urgently needs to be reviewed”

The Green Deal “urgently needs to be reviewed” to make it more appealing to consumers, according a report by the All Party Parliamentary Group for Excellence in the Built Environment.

The report gives its backing to the government’s flagship energy efficiency scheme but said it needs to be “made more financially attractive”.

It added: “We feel it is time to take another look at the detail, make it work for social housing, galvanise the schemes locally across the country and make financial incentives permanent.

“The concern is that in the current form the Green Deal and Energy Company Obligation will deliver fewer carbon emissions reductions than the policies they replaced.”

The recommendations in the report include reducing the interest rate on the Green Deal, potentially through financial underwriting in a similar way that the government has done with new-build mortgages.

Additional incentives mentioned include linking stamp duty or council tax to the energy efficiency of a property.

John Alker, director of policy and communications at the UK Green Building Council, said: “This report adds yet more weight to the calls for additional incentives to get Green Deal off the ground.

“With the housing market on the up, stamp duty is surely an obvious policy lever for government to pull.

“The strength of this report is that it is cross-party, and a measured response to a policy that has disappointed so far, but is not beyond rescue.”