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Author Topic: New Energy efficiency Green Deal to start next year  (Read 11293 times)

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Banjo

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New Energy efficiency Green Deal to start next year
« on: June 06, 2011, 12:07:09 pm »
Under "Green Deal", homeowners will be able to borrow up to £10,000 to pay for energy efficiency improvements to their homes such as a new boiler or better insulation.

The loan plus interest would be paid through energy bills over a period up to 25 years. The debt would be with the home not the owner so a new owner would take over the remaining repayments if the home were subsequently sold.


Greenfinger

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Re: New Energy efficiency Green Deal to start next year
« Reply #1 on: June 06, 2011, 12:46:39 pm »
Having an unpaid  loan may make the home more difficult to sell!

How does this work when you switch energy suppliers?

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The Prophet

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Re: New Energy efficiency "Green Deal" to start next year
« Reply #2 on: June 11, 2011, 11:32:04 am »
More debt for home owners!
Not a good idea imo

Philofacts

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Re: New Energy efficiency Green Deal to start next year
« Reply #3 on: June 18, 2011, 09:09:50 am »
The subsidised "borrowing costs" could be added to everyone's energy bills.
Either by higher prices or increasing the Vat rate for fuel. 

The new energy-efficient gas boilers are not all good news.
See Condensing Boilers for more information
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