The Greener Homes Scheme (GHS) is administered by the Sustainable Energy Authority of Ireland (SEAI) on behalf of my Department. The Greener Homes Scheme provides support to individuals to install renewable energy heating systems in homes. In addition to increasing the number of homes with renewable energy systems, other key objectives are to underpin the development of a sustainable market by implementing a robust quality control framework and by stimulating supply.
My Department has recently concluded a public consultation process which sets out the framework for the development of the new retrofit programme, which will incorporate the Greener Homes Scheme. The introduction of innovative payment mechanisms are under active consideration as part of the overall design of the programme.
Among the mechanisms being explored are new financing products including green loans from financial institutions and on-bill financing from energy suppliers.