From:

http://www.telegraph.co.uk/news/2016...hold-that-sig/



"Taxpayers have been left with a £17,000 bill for every household that
signed up to the Governments failed flagship energy efficiency scheme,
the Green Deal.

Ministers wasted a total of £240 million on the ill-fated programme,
which was launched in 2013 with the intention of upgrading Britains
entire housing stock, a damning National Audit Office report found.

The Green Deal was supposed to encourage households to take out loans to
fund the cost of installing measures such as insulation or double
glazing, with the cost paid back out of the resulting savings on their
energy bills.

Yet the scheme was eventually abandoned in July last year after just
14,000 households signed up, taking out loans worth just £50 million -
on average less than £3,600 each. By contrast the Department of Energy
and Climate Change (DECC) had spent £240 million €“ more than £17,000 per
household €“ on setting up, promoting and helping administer the scheme.

The Green Deal did not deliver value for money and €œfailed to deliver
any meaningful benefit€�, Amyas Morse, head of the NAO, concluded.

The NAO also criticised the Government for the costly design of another
energy efficiency scheme, the Energy Company Obligation (ECO), which
required gas and electricity suppliers to upgrade homes.

The £3bn scheme was paid for on energy bills and was almost three times
more expensive per tonne or carbon saved than previous schemes, so
increasing energy bills, the NAO said.

The DECC said the energy efficiency schemes would together €œdeliver over
£6 billion of energy bill savings to the most vulnerable€� and had helped
make more than one million homes warmer.

It said it had already taken action €œto address the issues in this
report€� by ceasing funding for the company that issued the loans and
launching an independent review of the energy efficiency sector."



--
Cheers,

John.

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