We are today calling on DECC Ministers to make announcements about their
intentions for the Energy Company Obligation (ECO) post 2017 and the
future of the Green Deal Home Improvement Fund (GDHIF) before the Summer Recess
(21st July 2015).
Recent figures published by DECC and Ofgem on ECO showed that the energy
companies have already made significant progress towards their targets for ECO2
(April 2015 - end March 2017) and that based on the installation rates in
2014/15 the target could be achieved one year early in Q1 2016. This is
reflected in the major slowdown in ECO activity where just 29,000 measures were
installed in April 2015, a 2 year low and compares to 51,000 measures in March
2015 and 58,000 in April 2014.
In addition, the £450m Green Deal Home Improvement Fund which was
designed to compensate for the shortfall in ECO activity following Government
cuts to the scheme in 2014 is also on hold whilst decisions are awaited from
Minsters.
The combined effect of these two factors has resulted in a collapse in
insulation activity which is harmful to householders and the industry alike.
Finally the annual progress report published by the Committee on Climate
Change this week highlighted that all main insulation measures are behind the
required trajectory to achieve the UK's carbon reduction targets - in the case
of solid wall insulation some 500,000 behind trajectory. The Committee
also recommended to Government that urgent decisions were needed on the future
of ECO post 2017 to provide some assurance to the supply chain.
Therefore we are today calling on DECC Ministers to announce their
intentions for the ECO post 2017 and GDHIF before the House of Commons rises
for the Summer Recess on 21st July 2015.
We have literally hundreds of customers waiting to apply. Worrying if there's no action on this till after the Summer...
ReplyDeleteSteven Hines, Director, Prime Render Solutions
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