09 Mar '12, 7am

Government downplays Green Deal delay fears - 09 Mar 2012 - News from BusinessGreen via @businessgreen

The government has once again downplayed concerns its flagship energy efficiency Green Deal loan scheme is facing delays, despite reports hinting the Big Six energy companies are unprepared to deliver the crucial payment mechanism underpinning the scheme until 2013. The government has repeatedly maintained the Green Deal will launch in October 2012, enabling homeowners to install energy efficiency measures such as loft insulation using a private loan, which is then paid back through a small levy on the property's energy bill. FURTHER READING Flint sparks fight with government over green industrial policy Government announces cash boost for Green Deal training The system will require utilities to act as a key link in the payment chain between the original lender and the property owner by establishing a payment mechanism that is attached to the energy bill. Building magazine...

Full article: http://www.businessgreen.com/bg/news/2158161/government-d...

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Green News Roundup: Friday, March 9th, 2012

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