Chapter 4: The Golden Rule

[ALEO Admin]

Questions from "Chapter 4: The Golden Rule" of the Green Deal Consultation are given below. If you have any comments on these questions please post them here.

More information including the full consultation documentation is available at:
http://www.decc.gov.uk/en/content/cms/c ... _deal.aspx.

25. Is it necessary to afford consumers additional protections and extra comfort where they take out green deal plans in excess of £10,000? If so, is the proposed protection of reducing the saving estimate appropriate and is the 5% figure the correct adjustment?

26. Do you agree with the approach to the Year One charge that can be used in a Green Deal Plan?

27. What would be the benefits of allowing Green Deal providers to vary the interest relating to a Green Deal plan in line with the most appropriate component of the fuel and light index?

28. Do you agree with the proposed approach to how the charge can vary in subsequent years of a Green Deal Plan?

29. Is £150 or 5% of the total Green Deal package (whichever is the least amount) an appropriate limit on the amount of cash incentives which can be offered by Green Deal providers?

30. Do you agree our proposed approach to the Golden Rule principle strikes the right balance between ensuring the necessary consumer protection mechanisms are in place whilst not unduly stifling ambition and investment in the Green Deal?

[ALEO Admin]

Below are some comments received via email from Paul Maplethorpe, East Pennine CAN Chair:

Chapter 4

Q25 5% too low should be 10% would not expect to offer additional consumer protection

Q27 keep interest in line with inflation or hold interest rate as an incentive

Q28 Pay lone of in full and not have it front loaded