New proposals made by the government last week are set to make it easier for home-owners to save money on their energy bills through having boilers, insulation, double glazing and other eco-friendly features installed, it has claimed.
This new “Green Deal” drawn up by Andrew Stunell, Liberal Democrat MP for Hazel Grove, will allow home-owners to borrow up to £10,000 for home improvements which will then be paid back over a period of time at a rate that is less than or equal to the savings made on their energy bills. Despite controversy, Greg Barker, Minister of State has attempted to silence his critics by commenting;
“People can expect to save money. There will be two assessments to help consumers see for themselves how much they stand to save. The first assessment will take account of the average energy use of the home, and the second will look at how the occupants use the home so they can enter the green deal knowing how best to maximise what they will save. The green deal charge will be fixed from the start too and is designed to ensure money is saved based on existing energy prices. So if energy prices rise, which seems likely, savings will substantially increase”
But despite these reassurances, much scepticism remains surrounding the bill with many Tory MPs being reportedly against it; Eric Pickles, Grant Schapps and Chris Grayling are all said to be opposed to the new measures, and there is much concern within consumer groups that the customer will not be adequately protected.