The recent Green Deal and Energy Companies Obligation or Eco as it is formally known as, have been designed for the following reasons.
The Green Deal will allows customers to upgrade various products around their homes to ensure that their energy bills remain lower, for longer. It will also apply a certain ‘golden rule’ which will implement that your energy bills and your finance package will never exceed the annual energy bill you receive.
The finance package of the Green Deal has been supplement to much scrutiny with thousands of homeowners not fully understanding what they are signing up for.
However, the Eco deal has had much traction since it’s introduction in January 2013. As the measures under the Eco Deal are completely free to the customer, providing they qualify for the measures under the new Energy Companies Obligation (ECO).
The Eco obligation and the Green deal are designed to lower the amount of carbon emissions in the UK, by installing carbon lowering insulating measures, such as loft insulation and cavity wall insulation.
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