Revealed: Green Deal loan rate to be less than 7%

摘要

The government's flagship retrofit scheme received a boost ahead of its full launch next week after it emerged that the interest rate charged against Green Deal loans will be less than 7%, lower than many in the industry feared. The level of interest charged on Green Deal loans affects the amount of work that can be done within the scheme's "golden rule", which states that the combined cost of the energy efficiency measures and finance must not exceed the savings on a customer's energy bills.