Renewable Energy News

"Green Deal" Energy Efficiency Initiative

If you have been reading or watching the news over the last month you may have seen a few things about the “Green Deal”. There is a lot of information out there but below is an article by the BBC which we think explains the Green Deals aims and means very well.

Householders are to be offered long-term loans to help make their homes more energy efficient and cut bills under a new government scheme.Ministers said the Green Deal, to run in England, Wales and Scotland, will help thousands “stay warm for less”.Under the scheme, households can use loans to spend on energy-saving improvements, such as insulation and new boilers, with no upfront cost.Campaigners said the project would “not stop fuel poverty rocketing”.

£200M Funding boost for the Green Deal

£200m of new and additional Government funding has today been announced to provide a special time-limited ‘introductory’ offer to boost the early take up of the Government’s Green Deal energy efficiency scheme.
With bills rising because of rocketing global energy prices, the Government wants to see as many people as possible benefiting when the Green Deal hits the high street next year.
The announcement follows the consultation on the Green Deal that was launched by the Government yesterday.
Chief Secretary to the Treasury Danny Alexander said:
“I can announce today that as part of the Autumn Statement we will provide £200m of funding for new and additional support to enable a special time-limited ‘introductory offer’ for the Green Deal.
“An offer that could save early adopters hundreds of pounds.
“A fund to get the Green Deal off to a flying start.
“One that will work with the Green Deal mechanism and the ECO to motivate thousands of more consumers to take up energy efficiency measures, over the next two years.”
Energy and Climate Change Secretary Chris Huhne said:
“We want the Green Deal to be a game changer for British consumers who’ve been buffeted by global energy prices.
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