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Renewable Energy News

Where now with Pay As You Save (PAYS) scheme

Where now with Pay As You Save (PAYS) scheme.
The idea of PAYS is that a home owner can apply for a loan, either from the government directly or, more likely, from one of a number of proposed “commercial partners”, which will be secured against the property just like a mortgage. The PAYS loan is to be used to pay for a range of energy efficient home improvements such as cavity wall insulation, loft insulation, solar panels, heat pumps or anything which will either significantly reduce energy consumption, or generate heat or electricity.

Bob Wigley says green funding ‘can be much better spent’

Bob Wigley says green funding ‘can be much better spent‘: “His report proposes the abolition of nine low-carbon quangos and the creation of a green investment bank to help promote financing for renewable energy …

British Gas starts £15 million free solar installations scheme for schools

To kick-start its move into becoming a major solar energy installer in the UK, the country’s leading energy supplier, British Gas has started a £15 million project to supply 1,100 primary and secondary schools in total with free solar systems worth between £20,000 and £40,000 pounds per school over the…

GREEN PROPERTY: SOLAR ELECTRICITY

It’s midsummer, the number of daylight hours is at its zenith and Britain’s fledgling solar-electricity industry is at its peak production. There is now a generous tariff paid for solar electricity exported to the grid, so putting panels up on your roof represents an excellent return on investment — between…

Queen’s speech confirms pay as you save green loans

Householders will be entitled to borrow money from a green investment bank to pay for carbon-reducing measures The new coalition government promised a raft of green initiatives in yesterday’s Queen’s speech that will see a radical overhaul of the country’s housing stock and loans to allow more households to invest…

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