Rigmaden Energy Training

March 25, 2010 11:00 ET

Eco-Upgrades to Be Paid for by Fuel Bills

MANCHESTER, UNITED KINGDOM--(Marketwire - March 25, 2010) - Seven million homes are to have insulation or renewable energy devices such as solar panels and wind turbines fitted by 2020, according to the Energy and Climate Change Secretary, Ed Miliband. Local authorities and energy companies will be working in a partnership to put this policy into practice.

Although the government will be subsidising the addition of renewable energy devices to homes, this money will ultimately come from the public as they will pay more for their fuel. Ed Miliband admitted that each household will have to pay approximately £50 more, per year to fund the scheme. However, Mr Miliband suggested that the amount of money households would save thanks to these measures would outweigh the additional cost.

Another scheme was also announced, the Pay as You Save scheme. This would see homeowners being able to pay for energy efficiency measures carried out on their home via their fuel bills. This means that rather than paying for devices such as solar panels up front homeowners can spread the cost over a period of up to 25 years. These "green loans" will be attached to the house rather than the owner and so will be sold on with the house. This ensures that the people benefitting from the additions will be the people paying for them.

A new website and telephone advice line is also to be set up. This will help people get an idea of what they need to do to their home to make it more energy efficient. There will also be a network of show homes set up across the country, showing consumers exactly what is needed to have a "green home".

This new strategy is predicted to create around 65,000 jobs for workmen, customer support staff and energy assessors. For information about energy assessor training, click here.

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