Plans for "green loans" to help householders make their homes more energy efficient by installing technology such as solar panels and insulation were announced by the Government today.
The scheme will see the loans tied to the house where the eco-measures are installed, so they can be paid back over a long enough period that the savings on energy bills outweigh the payback costs.
The Pay As You Save programme aims to overcome the financial barriers - such as upfront costs - people face in trying to make their homes greener and more energy efficient.
It forms part of a strategy to cut greenhouse gas emissions from housing by 29% by 2020, which the Government says will also reduce energy bills for householders and boost jobs.
Some 65,000 jobs could be
needed in the green homes industry by 2020, ranging from installation and manufacturing of technology including small scale renewables to providing home energy advice.
From: http://boon.ucoz.com/dir/lifestyle/government_plans_39_green_loans_39_to_make_homes_more_efficient/3-1-0-101
