Amid the Government's wider funding cutbacks, the announcement is probably not a surprise to the industry which has been unhappy with the complexity of getting Green Deal funding. Homeowners complained that Green Deal finance for making their homes cheaper to heat with insulation and renewable heating solutions was too expensive. Existing plans, however, remain intact.
Amber Rudd stated:
“We are on the side of hardworking families and businesses – which is why we cannot continue to fund the Green Deal.
“It’s now time for the building industry and consumer groups to work with us to make new policy and build a system that works.
“Together we can achieve this Government’s ambition to make homes warmer and drive down bills for 1 million more homes by 2020 – and to do so at the best value for money for taxpayers.”