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Ciarán McCarthy

👤 Speaker
61 total appearances

Appearances Over Time

Podcast Appearances

The Claire Byrne Show
The huge uptick in green loans being drawn down

Good morning, Clare.

The Claire Byrne Show
The huge uptick in green loans being drawn down

Yeah, there's a few strands to that actually.

The Claire Byrne Show
The huge uptick in green loans being drawn down

Because I know when the Ukraine war started, there was a massive surge, particularly in solar PV.

The Claire Byrne Show
The huge uptick in green loans being drawn down

And you have a similar massive surge again, particularly with solar PV now.

The Claire Byrne Show
The huge uptick in green loans being drawn down

And a lot of this is down to kind of the concept of energy security.

The Claire Byrne Show
The huge uptick in green loans being drawn down

People see what's happening with gas and oil.

The Claire Byrne Show
The huge uptick in green loans being drawn down

They see what's potentially happening even with electricity slightly further down the road.

The Claire Byrne Show
The huge uptick in green loans being drawn down

And they want to have security over their own energy resources.

The Claire Byrne Show
The huge uptick in green loans being drawn down

So you're having a massive surge in solar PV and to a slightly lesser extent, heat pumps as well.

The Claire Byrne Show
The huge uptick in green loans being drawn down

So you would have an electrical heating source

The Claire Byrne Show
The huge uptick in green loans being drawn down

in your house rather than a gas or oil.

The Claire Byrne Show
The huge uptick in green loans being drawn down

Yeah, I mean, it's lower cost, it's a quicker fix and we're coming into the summer now, please God, so you could actually get the benefit of it in the next, I mean, May, we're in May now, May is actually the best month for solar.

The Claire Byrne Show
The huge uptick in green loans being drawn down

So you can get the benefit of it immediately, assuming you can get your contractor sooner rather than later, you know.

The Claire Byrne Show
The huge uptick in green loans being drawn down

Yeah, well, I mean, particularly in the solar, I was talking to a company, Solar Path and Cork, and what they're telling me is like, they would have spent about 5,000 a month on marketing and now they're spending nothing.

The Claire Byrne Show
The huge uptick in green loans being drawn down

They would have gotten 60 inquiries a week.

The Claire Byrne Show
The huge uptick in green loans being drawn down

Now they're getting a hundred inquiries a week.

The Claire Byrne Show
The huge uptick in green loans being drawn down

But between them and Deep Retrofit companies, these are very efficient companies.

The Claire Byrne Show
The huge uptick in green loans being drawn down

They've really upped the ante with the improvement of the grants.

The Claire Byrne Show
The huge uptick in green loans being drawn down

But since the Ukraine war, a lot of companies have arrived on the market.

The Claire Byrne Show
The huge uptick in green loans being drawn down

And the ones that are already on the market are very fit, match fit now at this stage.

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