Preparing for the Green Deal a B&Q perspective

Sustainability 2012

George Padelopoulos

Senior Sustainability Manager

The Eco refurbishment market

The Green deal – a brief overview

The Sutton PAYS trial

The Loft Insulation trial

22nd Century Home

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

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

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

Typical Measures

22nd Century Home

In conclusion

• Market opportunity

• Some Green Details are still to be finalised

• Our experiences have and are shaping our decisions going forward

THANK YOU