Technical Paper 16

The UK Government is planning to introduce the ‘Green Deal’ in October 2012, as a new, innovative financial mechanism that “eliminates the need to pay upfront for energy efficiency measures and instead provides reassurance that the cost of the measures should be recovered by savings on the electricity bill”. This Historic Scotland Technical Paper presents the findings of two separate financial modelling exercises undertaken on different traditional property types: a detached cottage and an urban tenement flat. The aim of the modelling was to assess the financial viability of a range of improvement measures under the forthcoming Green Deal and Energy Company Obligation finance schemes, and test this in face of numerous variables.