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Preparing for the Green Deal a B&Q perspective
Sustainability 2012
George Padelopoulos
Senior Sustainability Manager
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The Eco refurbishment market
The Green deal – a brief overview
The Sutton PAYS trial
The Loft Insulation trial
22nd Century Home
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Eco refurbishment market
• Eco refurb market will be worth ~£30 - £40bn pa by 2020
• Incremental market growth driven by three main programmes
– CERT/ ECO: energy company funded carbon reduction
– Green Deal: government initiative to encourage privately funded carbon reduction
– FIT/RHI: financial incentives to encourage micro-generation
• Green deal will evolve more slowly as financing provision is put in place
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The Green Deal
• A Government legislated mechanic whereby property owners can borrow money from the capital markets to improve the energy efficiency of their homes and repay the cost through their energy bills over a number of years
• Designed to be a ‘market led’ initiative
• Driven by the principle that the cost is not greater than the expected savings over the lifetime of the measure – The Golden Rule
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Sutton – Pay As You Save
Enquiries
• 400+ customer enquires Assessments
• 180 PAYS surveys undertaken• <10 households rejected
Financials
• Homes retrofitted: 67 • Average cost: £14,237• Lowest: £1,456• Highest: £33,806
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Typical Measures
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22nd Century Home
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In conclusion
• Market opportunity
• Some Green Details are still to be finalised
• Our experiences have and are shaping our decisions going forward
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THANK YOU