Cut your energy bills with a Green Deal loan
The very latest energy- and money-saving scheme, the Green Deal, is a new type of homeowner loan which could enable you to reduce your bills by making improvements to your home with no costs up front.
All will be revealed at the EcoBuild event at ExCeL from 5-7 March. There you can find everything you need to know about energy saving. Finance and energy experts, and tradespeople, will be installed in a series of pods on a Green Deal terrace, backed up by a full programme of seminars and discussions.
Under the new scheme (see diagram below), a local Green Deal assessor reports on your home, and a Green Deal provider lends you your up-front costs for any necessary energy-saving home improvements. Over a set period — say 15-20 years — you pay the loan back through your electricity bill. Your combined regular repayments and reduced bills should be less than your previous energy bill.
Green Deal so-called “active measures” to save energy (with latest technology on show at Ecobuild) include new types of high-efficiency condensing boilers, and there’s a whole section at Ecobuild featuring the latest types of solar panels to produce your own energy. The Evolution of Light, a dramatic audio visual installation in three domes, shows how to balance lighting needs against energy consumption, with ideas for lighting controls in the future, which include your smart phone.
“Passive measures” are also on show, including old and new types of loft insulation, internal and external wall insulation, draught-proofing, and super energy-efficient windows. In all cases, experts will help you work out how quickly you will see a return on your investment.
Energy saving pundits speaking at Ecobuild include Gregory Barker MP (minister of state, department of energy & climate change), Jonathan Dimbleby (broadcaster), and Edward Davey MP (secretary of state for energy and climate change).
* To learn more about the Green Deal: (see below) and to find an “approved assessor”, visit www.gov.uk/greendeal or call 0300 123 1234.
** Ecobuild is at ExCeL: 5-7 March; One Western Gateway, Royal Victoria Dock, E16; entry free but to avoid queues register in advance at ecobuild.co.uk/register.