The UK Rules
'Follow the Regulations'
How to Pay

Paying for Green Deal Improvements

There are several ways to pay for the Green Deal, such as paying in advance. You might get a finance plan or use other schemes to fund the work - including a combination of ways to pay.

How to get a Green Deal Finance Plan

Approved Green Deal providers offer finance plans. You should give your Green Deal assessment to any particular providers that you want to get a quote from.

All Green Deal finance providers must inform you:

Your provider will then find an installer for you. You can only get a finance plan for improvements if it got recommended in your Green Deal assessment.

Amount You Can Borrow and How Much You Pay Back

You can get finance for an amount based on what they expect you to save on your energy bills. Thus, there is no fixed interest rate. Interest rates will get determined by the amount borrowed through the finance plan.

You should check with your provider for interest rates and extra fees. The company will fix the interest rate for the full term of the plan. That also means you will pay fixed repayment amounts.

Note: The annual repayments on the loan should not be more than the savings you might make on your energy bills.

How to Pay the Money Back

You pay back the loan through a charge added to your electricity bill. If you have a prepayment meter, a small amount will get taken from the meter each day.

Once a Green Deal gets installed it stays with the property. Thus, moving from the home means you no longer get the benefit from the improvements. You also stop paying for them as well.

You can choose to pay off the Green Deal early. But, check with your provider because they may charge a fee for doing so.

Energy Saving Advice Service

Energy Saving Trust
Email: energy-advice@est.org.uk
Telephone: 0300 123 1234

Home Energy Scotland
Telephone: 0808 808 2282
Monday to Friday: 8am to 8pm
Saturday: 9am to 5pm
Check national call rates.
How to Pay: Getting a Green Deal Finance Plan in the United Kingdom