The PAYS review is a summary of the key findings from five pilots that trialled a range of financing repayment options to incentivise householders to install energy efficient and micro-generation measures in their homes.
It provides very useful insights into delivering financial packages to encourage energy-saving installations in homes. These insights include householder attitudes and preferences to the various delivery approaches adopted in the pilots. PAYS has demonstrated that innovative solutions can be developed to overcome the barriers associated with delivering energy saving measures into the UK housing stock. While these pilots did not test the Green Deal (to be launched in autumn 2012) – key features like repayment through energy bills and the ability to pass costs on when you move home will only be possible once legislation has passed – PAYS did test some consumer attitudes and types of delivery models. Green Deal will therefore be a decisive step forward in helping households and businesses finance energy efficiency improvements.