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'Green Deal' loan scheme to benefit businesses

Posted on: 2011-07-11 09:53:03

The 'Green Deal' scheme unveiled by the UK government will provide Small and Medium size businesses with access to the upfront capital needed to enhance the energy efficiency of their properties.  PB Energy Solutions can help you. . . . . . . . .

The government is establishing a framework to encourage private firms to offer consumers energy efficient improvements to their homes, community spaces and businesses at no upfront cost. The firms will then be able to recoup payments through a charge in instalments on the energy bill.

Greg Barker, UK Climate Minister, launching the 'Green Deal'

Greg Barker, UK Climate Minister, launching the 'Green Deal'

"It will be transformational for small business and mixed use commercial buildings," said Greg Barker, Climate Minister. "For the first time, we will be able to break the Gordian Knot where commercial landlords have not had an incentive to invest in energy efficient measures that will only benefit their tenant."

The Green Deal is designed to ensure that the cost of improvements will be covered by the energy bill payer. There is to be no cap on the amount of investment per building; the only requirement is that the energy bill savings exceed the cost of monthly loan repayments. Types of technologies that are covered by the scheme include energy efficient lighting systems and improved boilers or air conditioning systems.

Call PB Energy Solutions today for free no obligation advice on how you can transform your business:

Tel:  01942 829568