The government has confirmed social landlords will become accredited ‘Green Deal providers’ under its multi-billion pound flagship retrofit scheme. This will allow social landlords to compete for a share of a £7 billion a year private sector market by financing and delivering energy efficiency measures in 26 million existing homes. The government has confirmed social landlords will be encouraged to become scheme providers, potentially providing a lucrative source of new revenue. This could be through partnering an energy company, offering services to the private rented sector or through distributing information. Details of the scheme are being published as part of the Energy Bill. It uses a pay as you save model where the upfront costs of the measures are met by investors, who are then paid back using the resulting savings in energy bills over 25 years. Read more on Inside Housing.
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