Green Deal ‘Unlikely To Deliver’

  • Date: 28/01/13
  • Fiona Harvey, The Guardian

The government’s flagship “green deal” home insulation programme provides no guarantee of saving money for cash-strapped households, and is unlikely to rescue many from fuel poverty, experts warned ahead of its formal launch on Monday.

There was also criticism of the interest rate to be offered for the green deal loans, which is set at just under 7%.

The sense of doubt and confusion surrounding the policy was reinforced by a warning from a surveyors’ trade body that taking out a green deal loan could cost more than other ways of making home energy efficiency improvements.

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