Day Archives: March 23, 2022

ground source heat pump

Rishi Sunak reportedly greenlights heat pump loans

The scheme is believed to encourage more people to install low carbon measures in their homes. Ahead of his Spring Statement later today in the House of Commons, the Chancellor has given the go-ahead for “cheap” taxpayer-backed loans to help homeowners install heat pumps, solar panels and other energy efficiency measures to combat rising energy bills. Rishi Sunak has instructed the government’s new infrastructure bank to use some of its £22 billion finds to support low carbon retrofits, according to …
heat pump grant

Rishi Sunak to tackle energy bill crisis with cheap loans for heat pumps

Rishi Sunak has given the go-ahead for cheap taxpayer-backed loans to help homeowners install heat pumps, solar panels and other energy efficiency measures to combat rising fuel bills. The chancellor has told the government’s new infrastructure bank to use some of its £22 billion of investment funds to tackle the cost-of-living crisis. The move is expected to help high street banks offer loans at knockdown interest rates for energy efficiency projects that will pay for themselves by reducing utility bills. …