'Millions could benefit' from energy saving plans
25th June 2010
Up to 14 million homes could benefit from insulation that will save them money on their bills under the Government's new "green deal", said Climate Change Secretary Chris Huhne.
The new proposals aim to cut carbon from homes and reduce gas and electricity bills, with Mr Huhne describing energy saving as the "Cinderella of the energy ball".
UK households "may as well be burning £50 notes outside our front doors" because of the amount of energy being wasted, Mr Huhne told delegates at the Economist UK Energy Summit.
The Green Deal scheme will see energy companies and high street stores pay in advance for work to insulate homes and improve energy efficiency, under a "radical overhaul of our existing homes to save energy, carbon and costs" planned by the Government.
Householders will then pay back the money on their bills from savings made by having more efficient homes that take less energy to heat.
Mr Huhne will say that up to 14 million homes in the UK could benefit from better insulation, while boosting the market for energy saving measures will also help drive economic recovery.
Copyright © Press Association 2010
- UK energy firms slash prices across the board
- Reduced energy prices bring New Year cheer for consumers
- Big Energy Week encourages households to switch suppliers
- UK faces winter fuel bill crisis
- Five ways to smarten up a room for winter
- Wartime money savers we can use today
- 3 ways to cut the cost of Christmas
- 5 Ways To Get Ready For Winter
- Ofgem steps up energy firms probe
- Npower set to raise energy bills
- E.ON announces fuel price hikes
- Domestic energy use up since 1970
- Scottish and Southern hike energy prices
- Reforms will guard against energy price hikes: Huhne
- Save money on energy, urges Huhne
- News Archive
