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Green Deal can play a part in reducing business energy

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The government's Green Deal will hopefully help firms reduce their business energy, according to real estate agent Savills. It noted that the proposed legislation is far reaching and can be the perfect opportunity to achieve savings, in the long run, when it comes to energy.

Miles Thomas, head of Savills Energy, described the Green Deal as the most "progressive" piece of energy policy in the country. Furthermore, Nick Green from Savills Rural Energy said: "A Green Deal offers a solution for consumers to improve energy efficiency of properties with no capital outlay.

"Rural businesses will be able to add this to form one pillar of their energy plan with the other pillar being renewable energy generation."

The government stated that it aims to reduce gas emissions by 80 per cent by the year 2050.

It hopes to have the Green Deal up and running in 2012, allowing firms to access new business energy-saving technologies. The new legislation would allow companies to take out a loan, with a maximum value of £10,000 to implement the new devices, which would then be repaid through the savings made on energy bills.

Recently, climate change minister Greg Barker noted that the Green Deal will not be a rip off for firms and will be the best deal for consumers in reducing their energy and carbon footprints.

Furthermore, the Department of Energy and Climate Change released the Consumer Protection in the Green Deal document, which it claims will help safeguard customers from an initial assessment through to the installation of the new low-carbon technology.

Audrey Gallagher, head of energy at Consumer Focus, added that the latest report is a welcome move to help provide a service to consumers looking to make energy savings, which will help to increase trust and confidence in the new legislation.

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