Green Deal

The Green Deal is aimed at helping homes and businesses reduce their energy consumption, save them money and help the UK government meet its carbon reduction and renewable energy targets. It can cover the up-front cost of recommended energy efficiency improvements and the homeowners or energy users can repay the cost back through their energy bills via the anticipated savings on their energy bills. This repayment option is only available if the cost of the improvement over the guaranteed lifetime is equivalent to or less than the anticipated cost of the energy usage savings you will make if it is installed – this is known as the 'Golden Rule'.

A Green Deal Assessor (GDA) will visit your property to help identify what energy efficiency improvements could benefit you the most. The GDA will be able to tell you which of the recommendations are likely to be most cost effective and also be able to offer advice on how the repayments will work. The GDA will then produce a report outlining your options which will show the improvements that meet the 'Golden Rule' or how much you need to contribute in order for it to meet the 'Golden Rule'.

Once you have your report a Green Deal Provider can arrange the finance and fund the improvements. If you go ahead with the improvements outlined in your report, you will be required to sign a Green Deal Plan which is essentially a contract between you and your Green Deal Provider.

Everwarm are accredited Green Deal Assessors, Advisors and Green Deal Installers with access to Green Deal Providers to arrange the finance.

Along with your chosen Green Deal Provider, we will arrange a suitable time with you to come and carry out the agreed work in your Green Deal Plan.

You’ll only pay back the cost of your improvements over time through savings on your energy bill. Your energy supplier will pass on details of your payments to your Green Deal Provider and the amount you pay back will be no more than what you save on your bill after the improvements have been installed.

The way the Green Deal Finance is arranged means this is not the same as a conventional loan. The charges are attached to your property so, if you move out, the new occupant will pick up the charge whilst also benefitting from a more energy efficient property. Interest is charged on these payments but the rate is fixed and you will be shown a full schedule of repayments before you are asked to sign up to your Green Deal Plan