Could Scots put green loans towards new boiler?

Article date : 12/10/2009

 

Written by Jasper Cullen

The Scottish government is to make available loans of up to £10,000 for homeowners in the country to put towards making their homes more energy efficient, such as by purchasing new boilers, it has been revealed.

Under the Energy Efficiency Action Plan, Scots will be able to access the finances in order to buy a more energy efficient new boiler - such as a condensing boiler - top up their insulation or fit renewable energy technology to make their central heating systems greener.

It is hoped that adopting the scheme will see Scotland successfully slash its carbon emissions.

Commenting on the news, Harry Mayers, head of programme delivery for the Energy Saving Trust, claimed that because there was no interest attached to the £500 to £10,000 loans, it would be possible to pay them back using the savings made through lower energy bills.

"I think part of what we're trying to do here is to achieve this slow, cultural change so that people realise that by investing in energy efficiency equipment for their home they're actually improving the value of it and also will make their living costs in that home cheaper," he added.

 

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