October saw the number of Green Deals signed hit a record high, whilst seeing the number of installers fell for the second month in a row.


The energy efficiency scheme encourages home owners to retrofit their home with energy efficient products with loans attached to their energy bills; however it’s taken some time to gain momentum in the market.


Figures from the Department for Energy and Climate Change demonstrated that 2,532 Green Deals were signed in October, a figure up on the previous month and record of 2,239 in September. This should instil confidence in the viability of the market with installers and legislators alike.


Richard Twinn, policy officer at UK Green Building Council, said the record number of plans signed in October meant the market was “starting to see a break in the clouds for the government’s flagship energy efficiency scheme”.


He added: “But it’s not all blue skies just yet - the recent rise in plans isn’t even close to making up for the drop in energy saving measures being installed under ECO.”


This is a new market for both the consumer and the industry and one that’s largely being supported and encouraged by government legislation so it’s therefore unsurprising that it’s taking some time to take hold. It’s important that we as an industry get behind the concept and find solutions that make consumers more likely to purchase solutions and services that will result in better insulated housing stock.


The reduction in competition in the market may be driver required to create a sustainable model where higher profits for the installers can drive further growth.