What does the new Green Deal mean for households?

Ray Cobbett

GREEN DEAL: Ray Cobbett

Published in the Portsmouth News on Thursday 21st February 2013

Story by Ray Cobbett, coordinator of Havant Friends of the Earth

 

The long-awaited Green Deal has been announced aimed at making Britain’s 14m homes more energy efficient.

The idea is to provide advice to households reducing bills through greater energy efficiency.

The advice is not free and loans, between £10,000 and £25,000, are up for grabs from the newly set-up Green Deal Finance Company repayable from savings in electricity bills.

The golden rule is repayments will never be greater than the saving made from the improvements.

Some people can and have already made and paid for their own improvements such as solar PV panels, modern boilers and cavity wall filling.

Continue reading What does the new Green Deal mean for households?