Friday, 25 April 2014

More money for Home Renewables Loans

Local MSP Margaret Burgess has welcomed the announcement that the SNP Scottish Government is to invest a further £4m in the Home Renewables Loan Scheme, which helps householders cut their energy bills.

The scheme gives access to interest-free loans of up to £10,000 for a range of renewable heat and electricity technologies. Since April 2011 it has helped reduce dependency on fossil fuels and has allowed householders across Scotland to access cleaner, greener energy.

The new money is in addition to £55m already allocated to deliver the Home Energy Efficiency Programmes for Scotland (HEEPS), which Mrs Burgess previously announced in her capacity as the Scottish Government’s Minister for Housing & Welfare. North Ayrshire Council has already benefitted from a funding award under HEEPS.

Margaret Burgess said, “The Scottish Government is determined to help householders stay warm and reduce their energy bills.

“This further investment will also help to generate work and support jobs – providing a much needed boost to our economy.”

The MSP for Cunninghame South, which includes Stevenston, noted, “To help tackle fuel poverty we are actively working with councils and energy companies to ensure that Scotland continues to get its fair share of funding for efficiency programmes. Unlike the UK Government, we believe it is important to provide this type of funding.”

The extra money for the Home Renewables Loan Scheme was also welcomed by Mike Thornton, Director of Energy Saving Trust Scotland, who said, “Helping with the up-front cost of installing a renewable energy system supports homeowners across Scotland to move to renewable energy sources and save money on their fuel bills. Since April 2011, households that have received a loan will make total savings of over £12-million. Figures like these mean we expect many more to take up this Scottish Government loan and reap the benefits of a home renewables system.”

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