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Green Deal is ‘no silver bullet’

publication date: Feb 7, 2012
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The British Property Federation (BPF) has welcomed the government’s flagship energy saving initiative but warned that on its own it is unlikely to deliver the revolution in energy efficiency that will be needed for the UK to meet its emission targets.

The BPF urged government to take action to bolster the Green Deal by providing additional fiscal incentives to help make the scheme more attractive; sanctioning a roll out of Display Energy Certificates and giving greater clarity on how the energy efficiency regulations on privately rented property, to be brought in from 2016 and 2018, will work.

It is expected that the regulations will outlaw the letting of all F and G EPC rated properties (domestic and non-domestic) from 2018, and will allow tenants in privately rented domestic property to request energy efficiency improvements from 2016, subject to the improvements being financeable through the Green Deal. However the details of the regulations are to be set out in secondary legislation at a later date. The BPF feels a clear road map could help foster interest in the Green Deal by tapping into fear of obsolescence.