The Federation of Master Builders (FMB) has warned that without further incentives the Green Deal will fail
The FMB has joined the UK Green Building Council (UK-GBC) in calls for additional incentives to drive forward the government’s failing energy efficiency scheme.
The UK-GBC has previously demanded variable stamp duty and council tax to drive uptake of the Green Deal.
A survey of building firms, carried out by the FMB, found that 70 per cent of respondents thought a reduction in VAT would be a ‘successful’ or ‘highly successful’ way of encouraging take up of the Green Deal.
Brian Berry, chief executive of the FMB, said: ‘It’s time for the government to accept the Green Deal has not been a success.
It’s time for the government to accept the Green Deal has not been a success
‘The latest Government statistics show that just over 70,000 Green Deal assessments have been undertaken to date, but only 12 Green Deal Plans are ‘live’, demonstrating that a growing number of home owners want to improve the energy efficiency of their properties, but they aren’t interested in paying for it using Green Deal finance. A reduction in VAT would reduce the overall cost of the work and make Green Deal finance more attractive to home owners who may be deterred by a large debt against their property.
‘Above all the government needs to seize the opportunity to announce how it intends to light the touch paper to the flailing Green Deal scheme.’