The Energy Savers Partnership - “Partnering with Local Government to overcome householder reticence” September 2013
Agenda Why does the market need public private partnerships? A new kind of Partnership Financial stimulants - DECC Community funds and ERDF
Why does the market need public private partnerships? The Green Deal creates a new market, but; • Suppliers need confidence in continuity of demand • Customers confidence in both vfm and guarantees • Both need consistency of pricing and market conditions • Together we can develop trust and create economies through scale and density
The Partnership Model A new kind of Public Private Partnership delivering Social value – reduce fuel poverty, engaged communities, health through warmth Economic value – jobs, training, enterprise, innovation Customer value – subsidies, advice, choices, vfm Commercial value – access to markets, partner of choice Results in mutual obligations KPIs, client function resources, open book reporting Exclusivity / Access to social housing and non-domestic
Green Deal Payments Authority Networks Authority Borrowing/ Funding Authority Stock Authority Client Function Private Finance Originating, Managing, collecting & allocating Marketing & Engaging Assessing Surveying CO2 Reduction Installing Benefits = £’s & health Green Deal Payments Collected via Electricity Bill Maintaining & Aftercare
DECC Community Funds Fund of £20m provides incentives to householders to • maximise delivery of GD plans and create future demand • create a strong link to deliver joint GD and ECO activity; • build a market for high impact, hard to treat measures, such as solid wall insulation; and • drive a street/area/sector based approach to GD/ECO.
European Regional Development Fund £157m 2014-2020 to fund Low Carbon Economy • Energy Efficiency to housing and public buildings • Advice, guidance and loans for businesses • Smart living innovation and demonstration projects. • Development of transition technologies • Renewable energy generation in key areas • District Energy
But time is not on our side • DECC £20m Community Fund is on first come first served basis • DECC incentives to take up Green Deal are generous (up to £1,000) but won’t last • ECO funds are getting committed and may be “gone” soon • Organisations who don’t understand the requirements of the new legislation are moving in already, creating work for Trading Standards teams • Trusted local organisations and energy advice agencies need clarity so they can plan for the coming winter • Fuel Poverty is rising, the Welfare Reform time bomb is ticking, fuel costs are expected to rise this autumn and winters are getting colder… it is not a good time to be cold and in fuel poverty.