Monthly Archives: July 2014

Green Deal Finance closes with immediate effect as companies close.


News reports from a number of sources (including this interesting article in The Telegraph) suggest the Green Deal finance has been withdrawn with immediate effect and that Cosyseal Insulation has closed, yet there’s nothing about the closure on their web site

The Government will no doubt say that the closure is due to the overwhelming demand and that this proves just how great the scheme has been, in which case let’s see millions more being invested into the scheme, so that thousands more homes can be improved.

Regrettably, we think differently.

Whilst we are 100% in support of energy efficient measures, saving energy consumption and making the precocious resources go further; the Green Deal has been a waste of time, money and effort.

Too complicated to understand or run and when very sector of industry took time out to explain there were serious flaws with the plans, these were either ignored or seen as whingeing, push on, industry will sort out the detail!

Training up thousands of energy assessors, scheme providers and window installers and then  trying to explain the scheme rules to homeowners became too much.

Yes anyone who wanted to install energy efficient windows would naturally enquire about and have a Green Deal Assessment, but when they calculated the actual costs or assessments, the legal fees having the debt associated with their property and complications surrounding the sale of one’s home, burdened with debts for windows that the new owner would want to replace, meant it was just unworkable.

All this on top of being pulled up by the Advertising Standards Agency the ASA who upheld complaints about their advertising statements.

Trinity Mirror North East reports in Gazettelive that the Stockton-based Cosyseal Insulation – part of the Cosyseal Group – has ceased trading, leaving 27 staff members out of work. Read the full article here

Baker Tilly, were appointed on July 4.

Having provided insulation for 20 years it is the latest casualty and the MD claims the government keep moving the goal posts. He said: “The Green Deal has lacked clarity, goal posts were changed on a regular basis – how could we have moved on and invested when we did not have that visibility? We are just the political pawns.”

The Green Deal cashback scheme, which offered £7,600 to people improving the energy efficiency of their homes, was shut with immediate effect from 6.30pm last Thursday, July 24, following a rush of applications that threatened to blow the budget.

The Green Deal Home Improvement Fund (GDHIF) had been set up to boost the Government’s energy efficiency programme, but applying for cash within the scheme was simplified in June, a move which proved extremely popular. By last Tuesday, July 22, the Department of Energy and Climate said it would change the maximum pay out from Friday, July 25, after £50m of the £120m budget had already been taken.

There was a last minute surge in applications which exhausted the fund (set aside for the year) in just a few days. Amber Rudd, Parliamentary Under Secretary of State for Energy & Climate Change, said:

“The Green Deal Home Improvement Fund is a world first and in a short space of time it has proved extremely popular. “We were always clear there was a budget which is why we encouraged people to act quickly. As a result, thousands more families will now benefit from Government help to have warmer homes which use less energy.”

Most home owners can find, good honest reliable window installers, offering the same or better energy efficient windows, on the terms they wish, without the need for cumbersome or confusing Green Deal bureaucracy, just search for a start.

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