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The Green Deal
The Green Deal is the government’s flagship policy for improving energy efficiency and reducing carbon emissions in existing buildings. The cost of installing energy efficiency measures (EEM) is repaid by instalments on the property’s energy bill.
Repayments on the installation of an energy efficiency measure must be less than expected savings on the energy bill. This is known as the Golden Rule.
Savings on Energy Bill – Cost of Repayments = Total Savings
(Must be positive to meet Golden Rule)
The assessment of a property for suitability for a Green Deal and the installation of an energy efficiency measure must be undertaken by a Green Deal certified organisation.
What is NICEIC doing?
NICEIC is a member of the Green Deal Pilot; playing a vital role in developing certification that benefits both contractors and consumers. NICEIC are examining the opportunities presented by the Green Deal very closely to identify how we can support NICEIC contractors, energy assessors, green deal providers and green deal installers.