Whilst I applaud the initiative of the 'Green Deal' there seems to be a lot of unanswered questions and people jumping the gun when this issue is still being debated and the finer workings still being discussed.
I have seen web sites advising people about green deal suppliers and advisors. Sites asking consumers to register their interest etc. - yet we do not know who the advisors and suppliers are yet. We do not even know how the system will fully work.
What springs to my mind is that these 'Companies' are just collecting data from the general public which can then be used at a later date to offer to the final green deal providers.
The names of the providers that are being talked about are all blue chip household names - British Gas, M & S, B & Q etc.
I suppose my main concern is how the scheme will actually work. This is how I see it in my own simplistic way.
The assessor from one of these companies comes to your house and advises that certain improvements should be made to save money on your bills. The Golden Rule is met and the cost of the work is less than the saving to be made over the time of the plan.
A quotation is then provided by the GD Provider ( B& Q, M& S etc) The GD Provider must also have a network of GD Installers who are registered under the relevant certification schemes.
The work is then carried out and the supplier of the products is paid, the installer is paid and the provider takes their cut (rest assured they will not be doing it for the love of the planet)
Now this is where I am getting confused. Once all these people are paid and the 'payback scheme' is set up through an Energy Company there would appear to be a massive hole. Are we led to believe that the energy companies are going to fund the up front work or are the government going to give the money to the energy companies who it will then get the money back from as they collect it over a 25 year period.
I suppose what I am saying is that somewhere along the line the people who install, supply and manage these projects will want to be paid on completion. So are the government using tax payers money to fund this project up front because there is no way that B&Q etc will be funding it - these are businesses out to make money. Then energy companies will not fund it - they are out to make money. This leaves me with the only conclusion that as tax payers we will be funding the big companies once again in the same way that we funded the banks.
If 100k homes take up the green deal to a value of £10 000 the bill would be £1 Billion.
I thought we where in really bad debt in the UK so where do we find another billion to pay the likes of B&Q, M&S etc.
comments please and correct me if I have got this wrong.
Please bear in mind though that I support the green deal - just questioning the way it is funded
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