Scot-Govt combines home energy fund to launch new £34m ‘honeypot’ for residential renewables and energy-efficiency sector

The Home Energy Scotland Loan Scheme – launched yesterday by the Scot-Govt – makes a total of £34 million funding available to owner-occupiers and private landlords to install energy efficiency measures.

These include solar roof panels, micro-wind turbines, geo-thermal heat, external or internal wall insulation, double glazing, boilers, warm air units and other forms of renewable technology that can be used in the home.

Home-owners can now apply for an interest free loan of up to £32,500 to improve the energy efficiency and use of renewable technologies in their properties.

This may provide a business boost for Scottish renewable energy fitters.

The updated scheme has been created by combining two separate and existing programmes, the Home Energy Efficiency Programme for Scotland Loans Scheme, and the Home Energy Scotland Renewable Loan Scheme.  It contains an up to 25% cash back offer for a limited time.

Scottish Energy Minister Paul Wheelhouse, MSP, said: “The Home Energy Scotland Loan Scheme presents property owners with an ideal opportunity to install a variety of energy efficient measures and renewables technologies to make it easier and cheaper to keep their homes warm.

“Combining previous loan schemes makes it easier for consumers to make all energy-related changes to their properties at the one time. It also cuts red tape and expands the pot of funding available.”

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