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Green Deal proposed changes

Posted on: 2012-03-26 10:50:07

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Proposed changes to Green Deal Provider authorisation was announced last week. The changes are aimed to ensure a competitive Green Deal market to provide the best deal for consumers.

 

Consumer protection is at the core of Green Deal so that it appeals to businesses wanting to enter the market and consumers wishing to take out a Green Deal.  Feedback from the consultation which highlighted proposed policy could be cost prohibitive and are therefore the following:

 

Insolvency Provisions - removal of requirement to hold a surety bond in case of insolvency.

 

Warranty Proposals – removal of requirement for Green Deal Providers to offer warranties for the entire repayment period of individual measures.

 

Independent Conciliation Service – removal of requirement to provide an independent conciliation service.

 

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