Hand out £10,000 loans to make UK homes greener, say experts | Money | The Guardian

Hand out £10,000 loans to make UK homes greener, say experts | Money | The Guardian: “”

(Via .)

Homeowners will be able to borrow up to £10,000 to “green” their homes and pay the money back through their council tax bill, under radical proposals drawn up by a government advisory body.

The plans, published today in a report by the UK Green Building Council, flesh out a government proposal aired last month for a pay-as-you-save scheme to improve the efficiency of 7m British homes by 2020.

Britain’s housing stock is old and notoriously inefficient in its use of energy. Housing accounts for a quarter of all carbon emissions but the upfront cost of improvements such as solid-wall insulation, low energy boilers and solar panels has been identified as a big barrier to reducing emissions – something the pay-as-you-save scheme aims to address.

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