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The grass could be greener on the other side

Saturday, February 26, 2011

Category: Home Improvements

According to Communities Minister, Andrew Stunell, a new Government scheme will enable homeowners and tenants to receive ‘tailored advice’ about how to improve the energy efficiency of their homes and save money.

Under the scheme, which has been named the ‘Green Deal’, participating companies will reportedly be able to access information regarding the energy efficiency of properties with an Energy Performance Certificate.  These Green Deal service providers will then be in a position to deliver tailored advice direct to individuals’ doors.

The scheme has been described as a ‘new and radical way of making energy efficiency available to all, whether people own or rent their property’.  The intention is for Green Deal providers to upgrade properties to make them ‘warmer and cheaper to run’.  Upgrade costs will reportedly be ‘paid back from the saving on energy bills’.

Andrew Stunell commented: "It's right that homeowners and tenants across the country are given the opportunity to make their homes warmer and cheaper to run.  The Green Deal will lead to a revolution in energy efficiency of homes across the country - making the data available in this way will mean anyone with an Energy Performance Certificate for their home can choose to receive advice about how to make their home warmer and save money on energy bills.

"But I want to make sure that there is no compromise on personal privacy in the drive for greener homes.  So any homeowners and tenants who don't want to be approached by Green Deal providers will be able to opt out - and organisations offering these services will be subject to the strictest safeguards.  We will keep these proposals under constant review, and will include extra safeguards if necessary."

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Homeowners who would like to improve the energy efficiency of their property, but do not currently have the funds available to do so, could consider taking out a secured loan.  One of many finance options available, a secured loan for home improvements could allow borrowers to embark upon an array of ‘green’ projects in and around their home.  For example, borrowers could have their property fully insulated to assist with heat retention.  Furthermore, an inefficient boiler could be replaced with a modern counterpart.  Borrowers who would like to start utilising a natural resource could even invest in solar panels.  There are many ways in which to potentially reduce long-term energy bills.
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