Green Deal ‘means 1.5m homes lose insulation subsidy’

Green Deal ‘means 1.5m homes lose insulation subsidy’

13 January 2012 BBC News

FREE INSULATION for all NOTTINGHAMSHIRE HOMEOWNERS, PRIVATE TENANTS and PRIVATE LANDLORDS, call Nottingham Warm Zone 0844 499 1920.

More than a million households will miss out on getting help to insulate lofts and cavity walls as a result of changes to government subsidies, research suggests.

Changes proposed in the Green Deal mean 1.5 million homes will no longer qualify, Europe Economics said.

It added the changes would deprive the UK economy of £5bn and cost the insulation industry 3,000 jobs.

The government said it had not decided yet what subsidies would be removed.

"The report does not include the fact that we are considering the extent to which loft and cavity wall insulation should be included under the subsidy - the Green Deal consultation is open until Wednesday," a spokesperson for the Department of Energy and Climate Change said.

"The Green Deal will be the most ambitious home improvement programme ever, generating demand for all types of insulation and increasing jobs in the energy efficiency industry to 65,000 by 2015."

The independent report was commissioned by Knauf Insulation. 

View the full article on BBC News.