Sunday, June 24, 2012

Homeowners snub ?14bn energy deal

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UK NEWS

Just one in five people will participate in the Government?s ?14billion flagship Green Deal scheme

Just one in five people will participate in the Government?s ?14billion flagship Green Deal scheme

By Daily Express Reporter

JUST one in five people will participate in the Government?s ?14billion flagship Green Deal scheme to insulate millions of homes, according to a new survey.

The Green Deal is due to launch in October to help people pay for home insulation and other energy-saving measures. Under it, authorised firms will pay for the work and homeowners will repay the money, plus interest, through energy bills.

The BSI, formerly the British Standards Institution, polled over 1,200 homeowners and found that only 20 per cent of people will take part.Some 60 per cent were unsure about the scheme.

The BSI says that many consumers are unconvinced that it will save them money and are worried about the disruption installing energy efficient products will cause.

BSI chief Howard Kerr said: ?Without credible and impartial endorsement, the Green Deal won?t achieve its ambitions to drive down homeowner energy bills, reduce carbon emissions and create jobs.?


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