Latest Economic Data March 2015 Release Table of Contents (Clickable links) 1.
Industry Statistics ........................................................................................................3 Gas Boilers..................................................................................................................................................................... 3 Hot Water Storage Cylinders ........................................................................................................................................ 3 Radiators ....................................................................................................................................................................... 3 Solar Thermal Panels..................................................................................................................................................... 4 Smart Meter Installations ............................................................................................................................................. 4 Charts – Gas Boilers ...................................................................................................................................................... 5 Charts – Hot Water Storage Cylinders .......................................................................................................................... 7 Charts – Radiators ......................................................................................................................................................... 8 Charts – Solar Thermal Panels ...................................................................................................................................... 9 Charts – Smart Meter Installations ............................................................................................................................. 11
2.
Macroeconomic Statistics ......................................................................................... 12 Housing ....................................................................................................................................................................... 12 Consumer Sector ......................................................................................................................................................... 12 Macroeconomic Indicators ......................................................................................................................................... 13 Energy Prices ............................................................................................................................................................... 14 Manufacturing Sector ................................................................................................................................................. 14 Charts – Housing ......................................................................................................................................................... 15 Charts – Consumer Sector........................................................................................................................................... 18 Charts – Macroeconomic Indicators ........................................................................................................................... 21 Charts – Manufacturing Sector ................................................................................................................................... 23
3.
Government Scheme Statistics ................................................................................. 25 Non-Domestic RHI Applications .................................................................................................................................. 25 Domestic RHI Applications .......................................................................................................................................... 25 Boiler Installations ...................................................................................................................................................... 25
Green Deal Finance ..................................................................................................................................................... 26 Green Deal Assessments and Plans ............................................................................................................................ 26 Feed-in Tariff Installations .......................................................................................................................................... 27 Charts – Non-Domestic RHI Applications .................................................................................................................... 28 Charts – Domestic RHI Applications ............................................................................................................................ 29 Charts – Boiler Installations ........................................................................................................................................ 30 Charts – Green Deal Finance ....................................................................................................................................... 31 Charts – Green Deal Assessments and Plans .............................................................................................................. 32 Charts – Feed-in Tariff Installations ............................................................................................................................ 34 4.
Regional Housing Statistics ...................................................................................... 35 Regional House Prices ................................................................................................................................................. 35 Regional Housing Starts and Completions .................................................................................................................. 35
5.
Notes, Sources and Descriptions .............................................................................. 38
2
Back to Table of Contents
1. Industry Statistics Gas Boilers
147,308 gas boilers were sold in February 2015. This represented a fall of 2.8% in comparison with February 2015. Year-to-date sales are 10% lower than at this time last year. The slow start to the year is largely attributable to the high number of sales through the Energy Company Obligation (ECO) scheme in 2014.
Feb
Year-to-date
Moving Annual Total
2015
2014
% change
2015
2014
% change
This Year
Last Year
% change
Combi
114,879
118,412
-3.0%
215,748
246,075
-12.3%
1,250,182
1,310,517
-4.6%
System
12,564
11,379
10.4%
24,738
22,453
10.2%
131,198
124,005
5.8%
Regular
19,865
21,698
-8.4%
40,242
45,756
-12.1%
248,462
268,581
-7.5%
Total
147,308
151,489
-2.8%
280,728
314,284
-10.7%
1,629,842
1,703,103
-4.3%
Hot Water Storage Cylinders
Hot water storage cylinder sales in February 2015 were 1.3% higher than sales in February 2014. Sales on a moving annual basis are 0.7% lower than at this time last year Feb
Year-to-date
Moving Annual Total
2015
2014
% change
Conventional
41,750
40,658
2.69%
77,541
76,148
1.83%
446,537
446,877
-0.08%
Renewable
2,406
2,940
-18.16%
4,740
5,830
-18.70%
31,750
34,778
-8.71%
Total
44,156
43,598
1.28%
82,281
81,978
0.37%
478,287
481,655
-0.70%
2015
2014
% change
This Year
Last Year
% change
Radiators
Sales of radiators in February 2015 were 6% lower than in February 2014. Moving annual sales are 0.6% higher than in February 2014. 2015 has seen a slower start than 2014, with year-to-date sales 11% lower than at this time last year.
Feb
Radiators
Year-to-date
2015
2014
% change
539,804
574,433
-6.03%
2015 1,078,012
Moving Annual Total
2014
% change
This Year
Last Year
% change
1,217,982
-11.49%
6,092,113
6,054,403
0.62%
3
Back to Table of Contents
Solar Thermal Panels
1,545 m² of solar thermal panels were sold in February 2015. Sales were 56% lower than sales in February 2014. Sales for the year-to-date are 47% lower than at this point last year.
Feb
Year-to-date 2015
2014
% change
Moving Annual Total This Last % Year Year change
2015
2014
% change
Flat Plate (m²)
1,181.1
2,714.1
-56.48%
2,692.1
5,025.3
-46.43%
22,257.5
28,145.3
-20.92%
Vacuum (m²)
364.0
784.1
-53.57%
598.7
1,214.1
-50.68%
5,254.7
8,229.4
-36.15%
Total (m²)
1,545.1
3,498.3
-55.83%
3,290.8
6,239.3
-47.26%
27,512.2
36,374.6
-24.36%
Smart Meter Installations
A total of 142,693 smart meters were installed in Quarter 4 of 2014. Quarter 4’s figures bring the cumulative total of installed smart meters to 764,806. Of these, 452,860 are electrical smart meters and 311,946 are gas meters.
Q4
Total to date
2014
2013
% change
Electric
82,081
55,603
47.62%
452,860
Gas
60,882
39,730
53.24%
311,946
Total
142,693
95,333
49.68%
764,806
4
Back to Table of Contents
Charts – Gas Boilers
Monthly Boiler Sales
180000
160000
140000
120000
100000
80000
5
Back to Table of Contents
Boiler Sales by Type
Combi
System
Regular
6
Back to Table of Contents
Charts – Hot Water Storage Cylinders
Hot Water Storage Cylinder Sales 60000
50000
40000
30000
20000
10000
0
Conventional
Renewable
7
Back to Table of Contents
Total
Charts – Radiators
Monthly Radiator Sales 700000
600000
500000
400000
300000
200000
100000
0
8
Back to Table of Contents
Charts – Solar Thermal Panels
Monthly Solar Thermal Panel Sales 5000.0000
4500.0000
4000.0000
Solar Thermal Panel Sales m²
3500.0000
3000.0000
2500.0000
2000.0000
1500.0000
1000.0000
500.0000
0.0000
Month
9
Back to Table of Contents
Solar Thermal Panel Sales by Type
Flat Plate
Vacuum
10
Back to Table of Contents
Charts – Smart Meter Installations
Smart Meter Installations 160000
140000
120000
Installations
100000
80000
60000
40000
20000
0 Q4 2012
Q1 2013
Q2 2013
Q3 2013
Q4 2013
Electric
Gas
Q1 2014 Total
11
Back to Table of Contents
Q2 2014
Q3 2014
Q4 2014
2. Macroeconomic Statistics Housing
Seasonally adjusted housing starts in England were estimated at 29,800 for Quarter 4 2014 – a decrease of 8.7% over Quarter 4 2013. Seasonally adjusted completions for Q4 2014 were 30,760 - an increase of 7.9% over 28,510 in Q4 2013.
In February 2015, the price of the average UK house reached £187,964. Price growth on an annual basis was 5.7%. Annual house price growth slowed further in February, marking the sixth consecutive month in which the rate of growth has softened.
There were a total of 100,510 residential property transactions in February 2015. This was a decline of 7.9% in comparison with February 2014.
Gross mortgage lending fell to £13.4 billion in February 2015 – decreasing from £14.8 billion in February 2014. Gross mortgage lending for the year-to-date reached £28.2 billion. This is 8.8% lower than at this time in 2014.
The UK construction purchasing managers’ index* (PMI) rose to 60.1 February, up from 59.1 in January. This increase in output growth was driven by the fastest increase of new orders since October 2014. *A PMI value of more than 50 represents expansion of the sector, anything below 50 signifies a contraction. Feb
Year-to-date
2015
2014
% change
2015
2014
% change
Starts* **
29,800
32,650
-8.73%
136,120
124,650
9.20%
Completions* **
30,760
28,510
7.89%
118,830
109,750
8.27%
House price index ***
380.1
359.6
5.69%
-
-
-
Average House Price (£) ***
£187,964
£177,846
5.69%
-
-
-
Transactions
100,510
109,100
-7.87%
198,560
213,270
-6.90%
Gross mortgage lending £m
£13,400
£14,755
-9.18%
£28,174
£30,878
-8.76%
60.1
62.6
-
-
-
-
UK PMI (Construction)
Consumer Sector
UK consumer confidence remained at +1 in February. Consumer optimism has risen considerably from -7 in February 2014.
As of 25th March, retail sales statistics for February 2015 have not been released by the Office for National Statistics.
New car registrations continued to see annual growth in February 2015. Monthly sales were 76,958 in February 2015, an increase of 12% over February 2014.
12
Back to Table of Contents
Inflation on an annual basis - as measured by the Consumer Price Index – fell to 0% in December.
Feb 2015
2014
% change
Feb-15
Jan-15
Monthly % change
Consumer confidence
1
-7
-
1
1
-
Retail sales value including fuel
-
107
-
-
109
-
Retail sales value excluding fuel
-
108.9
-
-
111.7
-
New car sales
76,958
68,736
11.96%
76,958
164,856
-53.32%
Inflation - CPI
127.4
127.4
0.00%
127.4
127.1
0.24%
Inflation - RPI
256.7
254.2
0.98%
256.7
255.4
0.51%
Macroeconomic Indicators
GDP in Quarter 4 was £428 billion. Economic growth on an annual basis is 2.7%.
Quarterly GDP per capita reached £6,599, corresponding to annual growth of 2%.
Unemployment remained 5.7% in December 2014, a significant fall from the 7.2% in December 2013.
The rate of economic inactivity in December 2014 fell to 22.2%, representing no change from this point last year.
UK national debt rose by 6.0% in the past 12 months, reaching £1.469 trillion by the end of December.
Net public debt as a percentage of GDP rose by 1.2 percentage points in the last 12 months, reaching 79.6%.
Feb
Real GDP (CVM, £m)* Real GDP per capita (CVM, £)* Unemployment rate (%) ** Economically inactive rate (%) ** Net debt (£bn) Net Public debt (% of GDP)
2015
2014
% change
£428,347
£417,265
2.66%
£6,599
£6,472
1.96%
5.7
7.2
-20.83%
22.2
22.2
0.00%
£1,469
£1,385
6.04%
79.6
78.4
1.53%
* Quarterly data **December 2014 is most recent available data
13
Back to Table of Contents
Energy Prices
Domestic gas prices rose by 2.8% in real terms between Q3 2014 and Q3 2013. Domestic electricity prices rose by 3.4% in this period. Quarter-on-quarter prices for both gas and electricity fell by 0.9%.
Feb
2014
2015
2014
% change
Q3
Q2
Gas*
127.1
123.6
2.83%
127.1
128.3
Quarterly growth -0.94%
Electricity*
118.2
114.3
3.41%
118.2
119.3
-0.92%
*Q3 is most recent available data
Manufacturing Sector
“Factory gate inflation” as measured by PPI Output fell 1.8% in the year to February 2015.
Annual input price inflation deepened to -13.5% in February 2015.
Growth in the Eurozone manufacturing sector remained weak in February. Despite strong growth in Ireland and Spain, aggregate growth was slowed by contracting manufacturing sectors in Austria, Greece and France. Eurozone PMI of 51 was unchanged from January.
UK Manufacturing PMI rose slightly in February to 54.1 from 53.1 in January. Feb 2015
2014
% change
Feb-15
Jan-15
Inflation - PPI (Output)
106.7
108.7
-1.84%
106.7
106.5
0.19%
Inflation - PPI (Input)
98.4
113.7
-13.46%
98.4
98.2
0.20%
UK PMI (Manufacturing)
54.1
56.2
-
54.1
53.1
1.88%
51
53.2
-
51
51
0.00%
Eurozone PMI (Manufacturing)
14
Back to Table of Contents
Monthly % change
Charts – Housing
Quarterly Housing Starts and Completions 40000
35000
30000
Quarterly Total
25000
20000
15000
10000
5000
0 Q4 2012
Q1 2013
Q2 2013
Q3 2013 Housing Starts
Q4 2013
Q1 2014
Housing Completions
15
Back to Table of Contents
Q2 2014
Q3 2014
Q4 2014
Average House Price £195,000
£190,000
£185,000
£180,000
£175,000
£170,000
£165,000
£160,000
£155,000
£150,000
£145,000
16
Back to Table of Contents
UK Construction PMI 70
65
60
55
50
45
40
17
Back to Table of Contents
Charts – Consumer Sector
UK Construction PMI 70
65
60
55
50
45
40
18
Back to Table of Contents
Retail Sales Value 114
112
110
108
106
104
102
100
98
96
Retail sales value including fuel
Retail sales value excluding fuel
19
Back to Table of Contents
Consumer Inflation 129.0
260 258
128.0 256 254
127.0
252 126.0
RPI
CPI
250 248
125.0
246 124.0
244 242
123.0 240 122.0
238
Inflation - CPI
Inflation - RPI
20
Back to Table of Contents
Charts – Macroeconomic Indicators
Unemployment and Inactivity
9
22.7
8
22.6 22.5
Unemployment Rate
7
22.4
6
22.3
5 22.2 4 22.1 3
22
2
21.9
1
21.8
0
21.7
Unemployment rate (%)
Economically inactive rate (%)
21
Back to Table of Contents
Net Public Debt 82
81
80
79
% of GDP
78
77
76
75
74
73
72
22
Back to Table of Contents
Charts – Manufacturing Sector
Manufacturing Inflation 125
120
115
110
105
100
95
90
Inflation - PPI (Output)
Inflation - PPI (Input)
23
Back to Table of Contents
Manufacturing PMI 60
58
56
54
52
50
48
46
44
42
40
UK PMI - Manufacturing
Eurozone PMI
24
Back to Table of Contents
50
3. Government Scheme Statistics Non-Domestic RHI Applications The Non-Domestic Renewable Heat Incentive (RHI) is a Government environmental programme that provides financial incentives to increase the uptake of renewable heat for non-domestic purposes.
February 2015 saw a 33% increase in the number of applications to join the Non-Domestic RHI scheme. 121 applications were made in February, compared with 91 in January. As of 28th February 2015, a total of 11,673 full applications had been made to join the scheme.
Non-Domestic RHI Applications
Feb 2015
Jan 2015
% change
Total-to-date
121
91
32.97%
11,673
Domestic RHI Applications The Domestic RHI is a Government environmental programme that promotes the use of renewable heat for domestic purposes.
Aggregate monthly Domestic RHI applications continued to grow in February. Total applications (for both new and legacy installations) rose to 3,286, compared with 2,127 in January. Growth in the number of Air Source Heat Pump applications was particularly strong, seeing an increase of 122% over January’s figures. In total, 28168 applications have been made under the domestic RHI scheme.
Total-to-date (New and legacy installations)
Feb 2015
Jan 2015
Monthly % change
ASHP
1,934
868
122.81%
11,000
GSHP
487
563
-13.50%
4,481
Biomass
401
298
34.56%
7,119
Solar Thermal
464
398
16.58%
5,568
Total
3,286
2,127
54.49%
28,168
Boiler Installations
Compared with February, January saw a fall in the number of boilers installed as a result of the Green Deal (GD) and Energy Company Obligation* (ECO) schemes.
The number of boilers installed through the ECO scheme fell by 4.4%.
Boiler installations made through the Green Deal Home Improvement Fund (GDHIF) rose by 35%, while installations of Flue Gas Heat Recovery systems rose by 28%.
25
Back to Table of Contents
*Measures installed through ECO are at a lag of one month compared to other figures, due to the increased reporting and verification time. Feb 2015
Jan 2015
Monthly % change
Total-to-date
GD Finance
394
316
24.68%
2,910
ECO
5,554
5,809
-4.39%
289,738
GDHIF Boiler
154
114
35.09%
2,615
GDHIF FGHR
109
85
28.24%
2,449
Total
6,211
6,324
-1.79%
297,712
Green Deal Finance
Up to the end of February 2015, 10,686 measures have been installed using Green Deal Finance, with 915 installations in February. Boiler and photovoltaics (included within the Micro-generation figure) accounted for nearly twothirds of new installations in February.
Boilers Cavity Wall Insulation Loft Insulation Micro-generation Other Heating Other Insulation Solid Wall Insulation Window Glazing Total
Feb 2015
Jan 2015
Monthly % change
Total-to-date
394
316
24.68%
2,910
7 47 248 72 41 106 0 915
1 52 183 82 52 108 4 798
600.00% -9.62% 35.52% -12.20% -21.15% -1.85% -100.00% 14.66%
320 938 3,030 869 894 1,704 21 10,686
Green Deal Assessments and Plans
The number of Green Deal Assessments passed the half-million mark in February 2015. The 28,239 GD Assessments in February 2015 was a 7% increase in comparison with January. As of 28th February 2015, there were 10,846 GD plans in the syzstem, an increase of 13.2% over the 9,583 plans at the end of January 2015. Of these plans, 27% are in their first stage (“New Plans” – quote accepted), 18% are in the second stage (“Pending Plans” – Plan signed) and the remaining 55% are in the final stage (“Live Plans” – all measures installed).
Feb 2015
Jan 2015
Monthly % change
Total-to-date
GD Assessments
28,239
26,357
7.14%
501,906
New GD Plans Pending GD Plans Live GD Plans Total GD Plans
2,943 1,939 5,964 10,846
2,525 1,752 5,306 9,583
16.55% 10.67% 12.40% 13.18%
26
Back to Table of Contents
Feed-in Tariff Installations
As of February 2015 there were a total of 664,126 Feed-in Tariff commissioned installations. Of these, the vast majority (98.7%) are solar PV installations, accounting for 85% of installed capacity. There were 9,639 new FiT commissioned installations in February 2015 – an increase of 23.4% over January 2015.
PV Hydro Wind AD Micro CHP Total
Feb 2015 9,588 21 12 12 6 9,639
Jan 2015 7,829 0 0 0 5 7,834
Monthly % change 22.47% 20.00% 23.04%
Total-to-date 655,993 604 6,733 156 640 664,126
27
Back to Table of Contents
Cumulative Installed capacity (MW) 2,831 63 360 96 1 3,350
28
Back to Table of Contents Feb-15
Jan-15
Dec-14
Nov-14
Oct-14
Sep-14
Aug-14
Jul-14
Jun-14
May-14
Apr-14
Mar-14
Feb-14
Jan-14
Dec-13
Nov-13
Oct-13
Sep-13
Aug-13
Jul-13
Jun-13
May-13
Apr-13
Mar-13
Feb-13
Jan-13
Dec-12
Nov-12
Oct-12
Sep-12
Aug-12
Jul-12
Jun-12
May-12
Apr-12
Mar-12
Feb-12
Jan-12
Dec-11
Nov-11
Number of Applications (Cumulative)
Charts – Non-Domestic RHI Applications
Non-Domestic RHI Applications
14,000
12,000
10,000
8,000
6,000
4,000
2,000
0
Charts – Domestic RHI Applications
Domestic RHI Applications by Technology Type - Cumulative
ASHP
GSHP
Biomass
Solar Thermal
29
Back to Table of Contents
Charts – Boiler Installations Boiler Installations by Scheme - Monthly
GD Finance
ECO
GDHIF Boiler
30
Back to Table of Contents
GDHIF FGHR
Charts – Green Deal Finance
Number of measures installed using Green Deal finance by type
Boilers
Cavity Wall Insulation
Loft Insulation
Micro-generation
Other Heating
Other Insulation
31
Back to Table of Contents
Solid Wall Insulation
Window Glazing
Charts – Green Deal Assessments and Plans
Monthly Green Deal Assessments 40,000
35,000
30,000
25,000
20,000
15,000
10,000
5,000
0
32
Back to Table of Contents
Green Deal Plans 7000
6000
5000
4000
3000
2000
1000
0
New Plans
Pending Plans
Live Plans
33
Back to Table of Contents
Charts – Feed-in Tariff Installations
Feed-in Tariff Installations 700000
600000
Comissioned Installations
500000
400000
300000
200000
100000
0
Date PV
Hydro
Wind
AD
Micro CHP
34
Back to Table of Contents
4. Regional Housing Statistics Regional House Prices
House price growth in London and surrounding areas continued to outpace growth in other areas of the country. London saw annual house price growth of 21%, while prices in the Outer Metropolitan and Outer South-East areas grew by 14% and 13% respectively. Prices elsewhere saw more modest growth, particularly in the North of England (4.3%), Scotland (5.25%) and Wales (5.05%).
Average House Price* (£)
* Quarterly data
North Yorkshire & Humberside North West East Midlands West Midlands East Anglia Outer South-East Outer Metropolitan London South West Wales Scotland Northern Ireland
2014 £121,486 £142,816 £145,212 £155,747 £164,406 £194,212 £235,538 £301,612 £406,730 £210,847 £141,631 £142,527 £120,685
Quarter 4 2013 £116,417 £140,684 £139,916 £146,964 £153,965 £176,939 £213,007 £267,682 £345,186 £195,196 £139,722 £136,729 £111,612
% change 4.35% 1.52% 3.79% 5.98% 6.78% 9.76% 10.58% 12.68% 17.83% 8.02% 1.37% 4.24% 8.13%
Regional Housing Starts and Completions
The number of quarterly housing starts grew annually in 29 of the 39 regions listed. York and North Yorkshire (64.8%), Swindon and Wiltshire (68.8%) and Cumbria (53.6%) displayed the highest growth since Q3 2013. In the 10 regions where the number of housing starts fell, the effect was most pronounced in Cornwall and the Isles of Scilly, where the number of starts was 57% lower than in the same quarter last year. The number of quarterly housing completions grew annually in 25 of the 39 regions listed. Growth was strongest in the Tees Valley (120.9%), the Solent (84.9%) and Stoke and Staffordshire (65.7%). In the 14 regions where the number of completions fell, the decrease was most significant in the Humber (-41.8%).
35
Back to Table of Contents
2014 460 580 740 1,280 390 640 430
December 2013 440 500 860 1,380 910 470 280
% change 4.55% 16.00% -13.95% -7.25% -57.14% 36.17% 53.57%
Derby, Derbyshire, Nottingham and Nottinghamshire Dorset Enterprise M3 Gloucestershire Greater Birmingham and Solihull
940 360 1,150 570 700
1,000 400 1,120 570 880
-6.00% -10.00% 2.68% 0.00% -20.45%
Greater Cambridge and Greater Peterborough Lincolnshire Greater Manchester Heart of the South West Hertfordshire Humber Lancashire Leeds City Region Leicester and Leicestershire Liverpool City Region Pan London New Anglia
1,220 730 1,040 1,790 670 380 960 1,730 1,060 660 4,140 1,050
1,360 710 910 1,750 900 510 870 1,550 750 790 5,000 920
-10.29% 2.82% 14.29% 2.29% -25.56% -25.49% 10.34% 11.61% 41.33% -16.46% -17.20% 14.13%
North Eastern Local Enterprise Partnerships Northamptonshire Oxfordshire Sheffield City Region Solent South East South East Midlands Stoke and Staffordshire Swindon and Wiltshire Tees Valley Thames Valley Berkshire The Marches Enterprise Partnership West of England Worcestershire York and North Yorkshire
1,430 990 590 970 1,060 2,180 2,280 520 810 690 910 590 840 600 890
1,340 780 390 960 1,100 2,530 1,880 400 480 520 740 500 670 510 540
6.72% 26.92% 51.28% 1.04% -3.64% -13.83% 21.28% 30.00% 68.75% 32.69% 22.97% 18.00% 25.37% 17.65% 64.81%
Black Country Buckinghamshire Thames Valley Cheshire and Warrington Coast to Capital Cornwall and the Isles of Scilly Coventry and Warwickshire Cumbria
House Starts*
* Quarterly data
36
Back to Table of Contents
2014 320 360 520 760 300 380 230
December 2013 290 360 480 1,100 430 410 230
% change 10.34% 0.00% 8.33% -30.91% -30.23% -7.32% 0.00%
Derby, Derbyshire, Nottingham and Nottinghamshire Dorset Enterprise M3 Gloucestershire Greater Birmingham and Solihull
880 520 1,100 420 560
840 500 1,040 440 810
4.76% 4.00% 5.77% -4.55% -30.86%
Greater Cambridge and Greater Peterborough Lincolnshire Greater Manchester Heart of the South West Hertfordshire Humber Lancashire Leeds City Region Leicester and Leicestershire Liverpool City Region Pan London New Anglia
1,030 630 860 1,280 390 320 720 1,450 820 620 4,580 840
1,110 490 730 1,300 560 550 560 1,290 600 680 3,740 900
-7.21% 28.57% 17.81% -1.54% -30.36% -41.82% 28.57% 12.40% 36.67% -8.82% 22.46% -6.67%
North Eastern Local Enterprise Partnerships Northamptonshire Oxfordshire Sheffield City Region Solent South East South East Midlands Stoke and Staffordshire Swindon and Wiltshire Tees Valley Thames Valley Berkshire The Marches Enterprise Partnership West of England Worcestershire York and North Yorkshire
900 590 340 760 1,350 1,990 1,500 470 610 530 400 460 640 410 440
660 530 250 770 730 1,540 1,360 300 670 240 500 310 670 410 360
36.36% 11.32% 36.00% -1.30% 84.93% 29.22% 10.29% 56.67% -8.96% 120.83% -20.00% 48.39% -4.48% 0.00% 22.22%
Black Country Buckinghamshire Thames Valley Cheshire and Warrington Coast to Capital Cornwall and the Isles of Scilly Coventry and Warwickshire Cumbria
House Completions*
* Quarterly data
37
Back to Table of Contents
5. Notes, Sources and Descriptions INDUSTRY TOTAL DOMESTIC GAS BOILER SALES
Description Number of combi boilers sold in preceding month, within the domestic market. Number of system boilers sold in preceding month, within the domestic market. Number of regular boilers sold in preceding month, within the domestic market.
Source Member companies
Total
Total number of boilers (all types) sold in preceding month, within the domestic market.
Member companies
Conventional
Number of conventional hot water storage cylinders sold in preceding month, within the domestic market. Number of renewable hot water storage cylinders sold in preceding month, within the domestic market. Total number of conventional hot water storage cylinders (all types) sold in preceding month, within the domestic market.
Member companies
Total
Total number of radiators sold in preceding month.
Member companies
Flat Plate
Solar Thermal Panels (Flat Plate) sold in preceding month, expressed in square metres. Solar Thermal Panels (Vacuum) sold in preceding month, expressed in square metres. Solar Thermal Panels (All) sold in preceding month, expressed in square metres.
Member companies
Number of electricity smart meters installed in previous quarter.
www.gov.uk - Smart meters statistics
Combi System Regular
HOT WATER STORAGE CYLINDERS
Renewable Total
RADIATORS SOLAR THERMAL PANELS (M2)
Vacuum Total
INSTALLED SMART METERS
Electric
38
Back to Table of Contents
Member companies Member companies
Member companies Member companies
Member companies Member companies
Gas
Number of gas smart meters installed in previous quarter.
www.gov.uk - Smart meters statistics
Total
Total number smart meters installed in previous quarter.
www.gov.uk - Smart meters statistics
Description A dwelling is counted as started on the date work begins on the laying of the foundation. A dwelling is regarded as complete when it becomes ready for occupation or when a completion certificate is issued. Average house price. Expressed as an index number for ease of comparison with prior values. Average UK house price, unadjusted for inflation. Estimate of the number of residential and non-residential property transactions in the UK and its constituent countries.
Source www.gov.uk - House building statistics www.gov.uk - House building statistics Nationwide Building Society House Price Index Nationwide Building Society House Price Index www.gov.uk - Monthly Property Transactions
Gross mortgage lending (£m)
All new lending done in a given period, including remortgaging and new loans for house purchase.
Council of Mortgage Lenders – Statistics
UK PMI (Construction)
A survey of businesses in the construction industry. A value above 50 denotes growth.
Markit/CIPS
Consumer confidence
Measures the level of optimism that consumers have about the performance of the economy in the next 12 months. The GfK Consumer Confidence is derived from a survey of 2,000 consumers who are asked to rate the relative level of past and future economic conditions including personal financial situation, climate for major purchases, overall economic situation and savings level.
GfK - Consumer Confidence
MACROECONOMIC
HOUSING
Starts Completions House price index Average House Price (£) Transactions
CONSUMERS
39
Back to Table of Contents
Retail sales value including fuel
An aggregated measure of the sales of retail goods over a stated time period, including fuel sales.
Office of National Statistics - Key Economic Time Series
Retail sales value excluding fuel New car sales
An aggregated measure of the sales of retail goods over a stated time period, excluding fuel sales. Number of new car registrations in the preceding month.
Inflation - CPI
The retail price index (RPI) and the consumer price index (CPI) are both measures of the price of goods and services in the UK. The retail price index (RPI) and the consumer price index (CPI) are both measures of the price of goods and services in the UK. The retail price index, or the RPI, shows the changes in the cost of living. It reflects the movement of prices in a range of goods and services used regularly, such as food, heating, housing, household goods, bus fares and petrol.
Office of National Statistics - Key Economic Time Series Society of Motor Manufacturers and Traders Office of National Statistics - Key Economic Time Series Office of National Statistics - Key Economic Time Series
Inflation - RPI
MACROECONOMIC INDICATORS
Real GDP (CVM)
Gross Domestic Product at chained volume measure. Monetary value of all the finished goods and services produced within a country's borders. The effects of inflation are accounted for using a chained volume measure.
Office of National Statistics - Key Economic Time Series
Real GDP per capita (CVM)
Real GDP (CVM) divided by the number of people in the country.
Office of National Statistics - Key Economic Time Series
Unemployment rate (%)
The unemployment rate gives the number of unemployed persons as a percentage of the labour force.
Office of National Statistics - Key Economic Time Series
Economically inactive rate (%)
People who are not in work, but who do not satisfy the criteria for ILO unemployment (wanting a job, seeking in the last four weeks and available to start in the next two), expressed as a percentage of the 16 and over population.
Office of National Statistics - Key Economic Time Series
Net Debt (ÂŁbn)
Net government debt excluding financial intervention.
Office of National Statistics - Key Economic Time Series
Net Debt (% of GDP)
Net government debt excluding financial intervention, expressed as a percentage of GDP.
Office of National Statistics - Key Economic Time Series
40
Back to Table of Contents
ENERGY PRICE INDICES
MANUFACTURING SECTOR
Net Private Debt (% of GDP)
Total household and nonfinancial corporation debt, expressed as a percentage of GDP.
Bank for International Settlements
Gas
Gas price, expressed as an index number.
Electricity
Electricity price, expressed as an index number.
www.gov.uk - Domestic energy price statistics www.gov.uk - Domestic energy price statistics
Inflation - PPI (Output)
The PPI provides an estimate of the price of goods bought and sold by UK manufacturers. The output price index is a measure of the price of goods and services sold as output by domestic producers. The PPI provides an estimate of the price of goods bought and sold by UK manufacturers. The input price index measures the price of materials and fuels bought by UK manufacturers for processing. A survey of businesses in the manufacturing sector (UK). A value above 50 denotes growth. A survey of businesses in the manufacturing sector (Eurozone). A value above 50 denotes growth.
Office of National Statistics - Key Economic Time Series
Description Number of non-domestic Renewable Heat Incentive applications.
Source www.gov.uk - RHI Monthly deployment data
Inflation - PPI (Input)
UK PMI (Manufacturing) Eurozone PMI (Manufacturing)
Office of National Statistics - Key Economic Time Series
Markit Markit
GOVERNMENT NON-DOMESTIC RHI APPLICATIONS
Total
DOMESTIC RHI APPLICATIONS
ASHP
Domestic Renewable Heat Incentive applications - Air source heat pump
www.gov.uk - RHI Monthly deployment data
GSHP
Domestic Renewable Heat Incentive applications - Ground source heat pump Domestic Renewable Heat Incentive applications - Biomass
www.gov.uk - RHI Monthly deployment data www.gov.uk - RHI Monthly deployment data
Biomass
41
Back to Table of Contents
BOILER INSTALLATIONS
Solar Thermal
Domestic Renewable Heat Incentive applications - Solar thermal
www.gov.uk - RHI Monthly deployment data
GD Finance
Boiler installations using Green Deal Finance.
ECO
Boiler installations using Energy Companies Obligation.
GDHIF Boiler
Boiler installations through Green Deal Home Improvement Fund (Boiler). Boiler installations through Green Deal Home Improvement Fund (Flue Gas Heat Recovery).
www.gov.uk - Green Deal and ECO Statistics www.gov.uk - Green Deal and ECO Statistics www.gov.uk - Green Deal and ECO Statistics www.gov.uk - Green Deal and ECO Statistics
GDHIF FGHR
MEASURES INSTALLED USING GDF
GD Cashback
Boiler installations using Green Deal Cashback voucher.
www.gov.uk - Green Deal and ECO Statistics
Boilers
Boilers installed using Green Deal Finance.
www.gov.uk - Green Deal and ECO Statistics
Cavity Wall Insulation
Cavity Wall Insulation installed using Green Deal Finance.
www.gov.uk - Green Deal and ECO Statistics
Loft Insulation
Loft insulation installed using Green Deal Finance.
Micro-generation
Micro-generation measures installed using Green Deal Finance.
Other Heating
Other heating measures installed using Green Deal Finance.
Other Insulation
Other insulation measures installed using Green Deal Finance.
Solid Wall Insulation
Solid wall insulation installed using Green Deal Finance.
Window Glazing
Window glazing installed using Green Deal Finance.
www.gov.uk - Green Deal and ECO Statistics www.gov.uk - Green Deal and ECO Statistics www.gov.uk - Green Deal and ECO Statistics www.gov.uk - Green Deal and ECO Statistics www.gov.uk - Green Deal and ECO Statistics www.gov.uk - Green Deal and ECO Statistics
42
Back to Table of Contents
GD ASSESSMENTS
Number of Green Deal assessments.
www.gov.uk - Green Deal and ECO Statistics
New Plans
A Green Deal plan is considered "new" after a customer has obtained a quote from a Green Deal Provider and confirmed they wish to proceed.
www.gov.uk - Green Deal and ECO Statistics
Pending Plans
A Green Deal plan is considered "pending" when a plan has been signed by the customer, progress is being made to install Green Deal Plan measures and the Plan is being finalised so that charging can start.
www.gov.uk - Green Deal and ECO Statistics
Live Plans
A Green Deal plan is considered "live" after the measures have been installed in the property, the information required to disclose the Plan to future bill payers has been attached to the Plan and the energy supplier has all the information required to bill Green Deal Charges.
www.gov.uk - Green Deal and ECO Statistics
Total Plans
Total of new, pending and live Green Deal plans.
www.gov.uk - Green Deal and ECO Statistics
AVERAGE HOUSE PRICE
All Regions
Description Average house price, segmented by regions.
Source Nationwide Building Society House Price Index
HOUSE STARTS
All Regions
A dwelling is counted as started on the date work begins on the laying of the foundation, segmented by regions.
www.gov.uk - House building statistics
HOUSE COMPLETIONS
All Regions
A dwelling is regarded as complete when it becomes ready for occupation or when a completion certificate is issued, segmented by regions.
www.gov.uk - House building statistics
GD PLANS
Total
REGIONAL HOUSING DATA
Author: Graeme Reeves (graeme@eua.org.uk)
43
Back to Table of Contents