SMEs could see lower energy bills
The government’s Green Deal to radically overhaul the energy efficiency of homes and small businesses could support a quarter of a million jobs over the next 20 years, Energy and Climate Change Secretary Chris Huhne has said.
The Green Deal will be a new and radical way of making energy efficiency affordable for all, whether people own or rent their property. The upfront finance will be attached to the building’s energy meter. People can pay back over time with the repayments less than the savings on bills, meaning many benefit from day one. It will help save carbon, energy and money off fuel bills.
“The Green Deal is a massive new business opportunity which has the potential to support up to a quarter of a million jobs as part of our third industrial revolution. Insulation installers and the supply chain all stand to benefit from this long overdue energy makeover,” said Mr Huhne.
“Energy efficiency is a no brainer. We need to tap in to this huge market to save people money on fuel bills, save carbon and help the economic recovery.”