Green Deal officially gets off the ground

The scheme aims to enable homeowners to install insulation and renewable energy systems with upfront costs covered by loans repaid via energy bills. Under the ‘Golden Rule’, the savings made through the energy efficiency measures should offset the costs over the lifetime of the loan.

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12 English cities get share of £12m Green Deal fund

Birmingham, Bristol, Leeds, Manchester, Newcastle, Nottingham and Sheffield will receive the money in order to support their submitted plans to test key elements of the Green Deal, helping people pay for home improvements such as insulation through savings on their energy bills.

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Energy saving measures could save the EU €50bn per year

Energy-saving measures including renovating public buildings, energy-saving schemes for utilities, and energy audits for all large firms, could cut energy consumption by 20%, saving the EU €50bn per year – according to an EU energy efficiency directive approved by the European Parliament on Tuesday (11 September).

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