Danny Alexander

Further support for the Green Deal has been announced which will provide further certainty to the market.

A £7m loan from the Department of Energy and Climate Change (DECC) to The Green Deal Finance Company (TGDFC) has been agreed that will allow the finance company to continue developing its offer of low cost finance, expected to be available in January 2013. Green Deal Providers will be able to access finance, enabling them to offer low cost finance packages to consumers upgrading their homes under the Green Deal.

The Green Deal is also being considered as an early candidate for the use of infrastructure guarantees, Danny Alexander, the Chief Secretary to the Treasury, has also announced.