The Green Deal for Heat Pumps
--This Scheme has now been CLOSED by Government --
The Green Deal is a financial mechanism set up by the government to assist in covering the sizable initial outlay needed for many renewable energy systems and other green technologies. The initiative provides upfront cash at a percentage of the product and install cost, this amount is then recouped through a payment arrangement over a period of time. The repayment amount is worked out based on the savings you will be making on your energy bills through your new system. By this method you can have your technology installed and appreciate its specific benefits and not be paying any more than usual and quite often less than you were on your energy bills.
The Green Deal was launched in January 2013 and applies to both domestic and non-domestic sectors. It replaces current policies such as the Carbon Emissions Reduction Target (CERT) and the Community Energy Saving Programme (CESP).
Most types of Heat Pump system are applicable for approval but the system and site will need to be individually assessed before the green deal can be granted.
For further information we provide a full write up of the governments Green Deal Initiative. If you are interested in this scheme you can contact us and we will arrange for a Green Deal assessor to contact you to discuss your requirements.
Read more on The Green Deal Here.