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Energy-saving help on the way from Green Deal

Thursday, 24 November 2011 9:24 AM

The government has revealed details of the Green Deal scheme it says will allow every British home to install energy-saving technologies like insulation at no up-front cost.

Energy and climate change secretary Chris Huhne launched a consultation on the scheme yesterday and claimed it would mean £1.3 billion a year in additional help from energy companies for vulnerable and hard-to-insulate homes.

Overall household energy bills would be seven per cent or £94 lower in 2020 than without his energy and climate change policies, he added.

Under the Green Deal framework to be launched from October 2012 householders will be able to install energy-efficiency measures straight away and repay the costs over time out of their energy bills.

Up to £150 in cash back could be available to homes taking out a Green Deal, funded through private sector Green Deal finance, to make the scheme as attractive as possible.

Additional help will be available to the fuel poor to get better boilers and fix draughty homes. Extra subsidy will be on offer for homes that are hard to insulate, including those with solid walls.

The scheme could kick-start £14 billion of private sector investment over the next decade and support 65,000 jobs.

Chris Huhne said: "I want to insulate Britain's homes not just from the cold weather, but also from the chill winds of global fossil fuel prices."

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