The Government have conceded that, although the legal framework for the Green Deal will be in place in time for the planned October launch, the financial element of the initiative will not be ready until 2013.
In a statement released this week, Energy Secretary Ed Davey said, “Most aspects of the Green Deal will start on 1st October, but the finance plans can only be signed from 28th January next year. Under the Green Deal legislation, you have to enter the plan before the work is done.”
With the financial element key to the funding of any work, consumers are likely to be wary about embarking on new projects. Suppliers relying on the Green Deal to secure work as current schemes wind down are already expressing concerns about the effect of further delays on the industry.