Green home loans
Updated scheme cuts red tape for home-owners.
Home-owners can now apply for an interest free loan of up to £32,500 to improve the energy efficiency and use of renewable technologies in their properties.
The Home Energy Scotland Loan Scheme – launched on May 2 – makes a total of £34 million funding available to owner-occupiers and private landlords to install energy efficiency measures, such as external or internal wall insulation, double glazing, boilers, warm air units and other forms of renewable technology that can be used in the home.
The updated scheme has been created by combining two separate and existing programmes, the Home Energy Efficiency Programme for Scotland Loans Scheme, and the Home Energy Scotland Renewable Loan Scheme. It contains an up to 25% cash back offer for a limited time.
Scottish Government Minister for Business, Innovation and Energy, Paul Wheelhouse said:
“The Home Energy Scotland Loan Scheme presents property owners with an ideal opportunity to install a variety of energy efficient measures and renewables technologies to make it easier and cheaper to keep their homes warm.
“Combining previous loan schemes makes it easier for consumers to make all energy-related changes to their properties at the one time.
"It also cuts red tape and expands the pot of funding available.”
Background
Individual householders or private sector landlords looking for a loan or further information should call 0808 808 2282, or visit www.energysavingtrust.org.uk/home-energy-scotland-loan or www.homeenergyscotland.org or www.energysavingtrust.org.uk/scotland for further details.
Home Energy Scotland and the Energy Saving Trust are grant funded by the Scottish Government to provide advice, support, grants and loans to domestic consumers on all aspects of energy efficiency and renewable technologies.
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