Home energy costs and Green Deal uptake

Meeting: 
MQT on 2013-11-20
Session date: 
November 20, 2013
Reference: 
2013/4044
Question By: 
Jenny Jones
Organisation: 
City Hall Greens
Asked Of: 
The Mayor
Category: 

Question

Are you satisfied with the uptake of the Green Deal in London?

Answer

Answer for Home energy costs and Green Deal uptake

Answer for Home energy costs and Green Deal uptake

Answered By: 
The Mayor

In the first two quarters of Green Deal (January to June 2013 - the latest available regional data), nearly 6,000 Green Deal Assessments were undertaken in London.  This is 13% of the number of national assessments, which is broadly in line with the population split.  This is better than previous schemes, but nowhere near enough.

We estimate that as of the end of September approximately 1,000 Green Deal Plans and/or installations have been implemented in London.

There is strong evidence that many of the householders who do not take up Green Deal finance (due to the high cost of Green Deal finance) actually use their own funds to pay for the measures to be installed.

My RE:NEW programme is focussing on driving ECO funding into London as this can have a bigger, more immediate impact.  Through RE:NEW we are providing support to boroughs and social housing providers in order to establish projects that can deliver at scale.  A total of 99,000 homes have benefitted from RE:NEW since the start of the programme in 2009.  Of these, 3,300 are being targeted through contracts let following support by the RE:NEW Support Team.  The Support Team has also identified a pipeline of at least 60,000 more homes.

In addition to this I have already agreed with British Gas that they will work towards spending up to 25% of their ECO obligation (£320million) in London and I am working with the other big energy suppliers to ensure ECO is delivered efficiently and competitively in London.