[dropcap color=”” boxed=”yes” boxed_radius=”50%” class=”” id=””]Rs[/dropcap] DECC today announced that it is scrapping funding for the Green Deal Finance Company and Green Deal Home Improvement Fund.
Department of Energy & Climate Change (DECC) press release, 23rd July 2015 (extract):
‘In light of low take-up and concerns about industry standards there will be no further funding to the Green Deal Finance Company, in a move to protect taxpayers.
The Government will work with the building industry and consumer groups on a new value-for-money approach, Energy and Climate Change Secretary Amber Rudd announced today.
Amber Rudd also announced that the Government will stop any future funding releases of the Green Deal Home Improvement Fund.
Future schemes must provide better value for money, supporting the goal of insulating a million more homes over the next five years and the Government’s commitment to tackle fuel poverty.
This decision has no impact on existing Green Deal Finance Plans or existing Green Deal Home Improvement Fund applications and vouchers.’
To see the DECC press release in full please click here.