Why bother with the Green Deal when the benefits just aren’t that great?

useful

Source: DECCgovuk

The trouble is renewable energy production isn’t profitable without subsidies, so why would any company just spend money (“Lord Sugar backs green energy target”, 3 June)? Government is stuck because of increasing resistance to escalating energy bills when for voters there is no tangible benefit. The Green Deal is a slightly better idea in that the cost has to be equal to or less than the money savings. But is that really an incentive when your house effectively has a legal charge put on it? You don’t actually benefit because the cost savings are diverted to the loan repayment. Why bother?

Christopher Calcroft, via www.building.co.uk

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