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28 September 2015

FSB Comment: FSB reacts to the end of Green Deal funding

FSB Comment

Issue date: Thursday 23 July 2015
FSB reacts to the end of Green Deal funding 

Following on from today’s announcement that the Government will cease funding the

Green Deal Finance Company, John Allan, National Chairman of the Federation of

Small Businesses, said:

“The Green Deal made a start in encouraging householders and small firms to become more energy efficient. However, it is clear the finance package was simply too unattractive and unwieldy for most small businesses to take up.

“Our research shows that 90 per cent of small businesses want to be more energy efficient, but money isn’t always the biggest barrier. Small firms claim a lack of incentive to invest in rented premises; an uncertainty regarding return of investment and a poor understanding of the options available as the biggest obstacles to energy efficiency.

“The Government must look at these issues to ensure the success of further efficiency measures. Small businesses are desperately looking for security around their potential investments in both renewables and efficiency.”

View the full comment here.