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An update on ECO funding

An update on ECO funding. Presentation to SECAN Forum Presentation By: Debbie Cantley Date: May 2013. An introduction to Insta. Sponsors of the South East CAN Forum A pioneer Green Deal Provider W orked closely with DECC to deliver Green Deal.

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An update on ECO funding

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  1. An update on ECO funding Presentation to SECAN Forum Presentation By: Debbie Cantley Date: May 2013

  2. An introduction to Insta • Sponsors of the South East CAN Forum • A pioneer Green Deal Provider • Worked closely with DECC to deliver Green Deal. • Founder member of the Green Deal Finance Company • £m’s available to fund ECO eligible installation measures • 30 years experience in this market

  3. Delivering through our network Local... Greener... Better...

  4. Insta supply both materials and ECO funding for our SNUG network members • SNUG network comprises approx 100 independent local businesses covering the UK from Cornwall to Scotland. • 80 PAS 2030 qualified companies • 250 Green Deal Assessors • Largest GDAO in the UK • Handling over 100 assessments a day and growing

  5. We’ve had a turbulent time…..

  6. The journey so far No transition overlap from CERT to ECO Steep learning curve ECO more complicated but more stable New Brokerage system offers more security Green Deal legislation has impacted on ECO

  7. Summary of ECO Annual Target £1.3 Billion • CERO - Home Insulation for the fuel poor in all areas £790 Million • CSCO – Home insulation for the countries most deprived areas £160 Million • Affordable Warmth (HHCRO) - heating and home insulation for the fuel poor. £350 Million

  8. CERO Update £790 Million per year • Current activity dominated by HTT • Our fibre products now approved for narrow cavities • Solid Wall stalled since CESP • Fully funded options for off coal & electric heated homes • Looking for multi measure schemes • SWI funds for 1 gas in every 4 off gas • Approx 60% funding for others

  9. Affordable Warmth update £350 Million per year • Partnership with Worcester Bosch • Extending our SNUG network to provide heating and insulation as a package – all WB boilers • Access to fund large schemes • Can offer Free Boiler, CWI & Loft Schemes • Looking for partners for fully managed schemes

  10. CSCO Update £160 Million per year • Amalgamation of the 3 pots • Market is currently concentrating on standard CWI • Only if customer does not fit into AW or CERO

  11. Insta for ECO funding • Full managed programs from marketing to survey to install to reporting. • Healthy mix of Bi-lateral and Brokerage with the Big Six • Diverse range of funding – spreading risk • Bullish approach to brokerage secured £m’s • Reputation for stable funding agreements • Recognised as market leader in Green Deal

  12. Green Deal is GO! • First to register a fully automated GDP • Heavily invested in software • SNUG network ready to deliver • GDP for 3 large energy companies • Instarecognised as market leader in Green Deal

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