Retrofit industry calls for additional government incentives

The retrofit industry is a key source of income for many construction companies – however figures from the Department for Energy and Climate Change suggest that approximately just 32,000 efficiency measures were installed in June 2014, the lowest level since April 2013.

Government Incentives

The government see energy efficiency as a key measure for achieving its carbon reduction targets.

Parliament has implemented multiple initiatives offering incentives to homeowners who install additional insulation measures in their homes.

Despite this, the amount of work under two key government retrofit schemes – the energy company obligation (ECO) and the Green Deal – is at its lowest level in nearly 18 months.

The UK Green Building Council’s director of policy and communications has states that the government is required to “pull all the levers at its disposal” to provide the retrofit market with a long term, sustainable future.

Green Deal Improvement Fund

Although ECO installments have fallen significantly, the level of Green Deal assessments have increased.

The Green Deal Home Improvement Fund closed after only six weeks, due to homeowners capitalising on its £120 million fund.

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