Green Deal will be as "easy as ABC", says Huhne

The Green Deal will be as “easy as ABC”, Chris Huhne said today as the framework for the multi-billion pound green makeover programme for UK homes and businesses was enshrined in law.

The Energy Act legally paves the way for the Green Deal to launch in Autumn 2012 and the Energy Secretary promised that the scheme would be affordable and easy to access for cash-strapped householders and small businesses.

“A huge hurdle has been passed in bringing the Green Deal closer to making homes warmer and cheaper to run,” said Huhne. “When it’s introduced, the Green Deal will be as easy as ABC by making work affordable, providing bespoke independent advice and choice in the market from well-known and trusted high street names.”

The Green Deal will enable homeowners and businesses to access loans for loft and cavity wall insulation, lagging and other energy efficiency measures. The Government says it will see billions of pounds lent every year and create hundreds of thousands of jobs between now and 2020. 

“It’s expected to attract capital investment of up to £15 billion in the residential sector alone by the end of this decade and at its peak, the Green Deal could support around 250,000 jobs,” Climate Change Minister Greg Barker said.

However, many people still don’t know about the programme and there are concerns that homes and small businesses may find it difficult to access affordable loans or may be put off investing in energy efficiency measures unless the Green Deal is trusted and easy to understand. 

 

Source: Greenwise News