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The Green Deal: A fresh stimulus designed for the solar panel marketplace?

The solar panel installation industry has had a challenging month. It has suffered a wide variety of set backs from the government with diminished financial incentives for consumers meaning many solar panel installers could be struggling for business in the new year. However, the government recently launched a consultation into the thought of a ‘green deal' incentive scheme. Even though the substance of this plans and incentives is not really known totally, this article looks at exactly what is known with regards to the scheme and just how it could actually help the industry.

Solar panels: the difficulties the industry faces

Up until the last month approximately the solar panel industry was without question enjoying a boom. The feed in tariff rates were at an all-time high and customers had been scrambling to take advantage of an incentive system whereby an average household using a solar panel installation could see itself bring in close to £1700 of benefits per year. However, individuals and also installers alike were dealt an unwelcome and possibly debilitating blow when it was recently announced that the feed in tariff rates were to be reduced drastically, and that now homes and buildings would need a minimum energy rating before installing solar panels. Mass hysteria soon gripped the market with allegations that the government had acted rashly and put in jeopardy thousands of jobs and spelled the end of the end of the solar panel marketplace. Even so, a current government consultation has been released exploring the probability of helping domestic installations become far simpler and attractive for the consumer. This particular incentive under assessment is known as the ‘green deal'.

Solar panels and the ‘Green Deal'

The green deal is basically an incentive plan to aid Britain escape from its attachment to fossil fuels and towards a more sustainable energy consuming country. Provisions were made for this inside the Energy Act 2011 although the precise details are presently under assessment in a government consultation process which has only very lately been launched. The fundamental premise of the incentive is well known, and below are the important points and underpinning ideas which are known concerning the scheme.

The fundamental characteristic or modus operandi of this fresh green deal is that it will clear away the need for consumers to pay out upfront for their solar panel installation. As it stands the normal sized solar panel installation will set you back around £10,000, an sum of cash very few people have available. However with this new incentive individuals who like the thought of solar panels but who cannot necessarily pay for them before, all of a sudden have a new avenue to explore and a method of getting a solar panel installation on their rooves. The gradual installments due will be paid through a homes existing energy supplier on the existing basis they pay their bills and will likely be offset against the feed in tariff funds they make. In order to detect whether you are eligible for this inducement a green deal diagnosis will need to be carried out. The nest question of course is where may i get such a solar panel installation from?

Where can I get ‘green deal' solar panel installations from?

Never assume all solar panel installer will be able to provide this sort of system. The green deal restrictions means that installers need to be approved, and will also be controlled by reems of legislation to defend the consumer. Actually you will find there's green deal code of practice which installers will be expected to comply with if they're to maintain the green deal installer certification. In addition to independently accredited green deal installers the local authority will also have green deal installers themselves. The choice is for the customer but the very best deals are usually found with the former.

Simply what does this mean for the solar panel industry?

Although this is merely in early stages in the consultation procedure the green deal does signify a potential way for the industry to get back on its feet. Not only this but customers may have much easier access to environmentally friendly and green energy production technology. The only thing that remains now is to observe the conclusions of the consultation process!
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