Construction UK Logo For Mobile
Time and date
CONSTRUCTION DIRECTORY
Share this page
Construction News
07/12/2009

Government Launches 'Pay As You Save' Scheme

Construction News Image
As talks aimed at securing a global climate deal kicked off in Copenhagen today, UK Energy and Climate Change Secretary Ed Miliband has announced steps in the UK aimed at helping householders make their contribution to cutting emissions.

Homeowners in Birmingham, Sunderland, London Borough of Sutton and Stroud will be testing out new ways to finance whole house energy makeovers under the Government's £4 million Pay As You Save scheme.

Following an open competition, Birmingham City Council, Gentoo Sunderland, British Gas, B&Q UK and Stroud District Council have been chosen to deliver individual projects in the first ever UK trials.

The Home Energy Pay As You Save pilots will give households the opportunity to invest in energy efficiency and microgeneration technologies in their homes with no upfront cost. Householders will make repayments spread over a long enough period so that repayments are lower than their predicted energy bill savings, meaning financial and carbon savings are made from day one.

hss

A total of around 500 homes across England will take part in the trial which will provide evidence of how to foot the bill for the Great British Refurb – the Government’s plan to make the 22 million existing homes in the UK more energy efficient.

Mr Miliband said: "The next two weeks in Copenhagen are crunch time for the planet. The UK has taken a lead in putting solutions on the table throughout the process so far and I’ll not rest until we have the most ambitious, effective and fair deal possible.

"Our credibility abroad is based on our ambition at home.

"We're the first country to put carbon targets into law, and our target of an 80% reduction by 2050 is one of the most ambitious.

"Many British householders want to reduce their emissions, but are put off by the upfront cost of installing insulation, solar panels or ground source heat pumps.

"Pay As You Save will trial different ways of paying for this work so it's affordable.

"One quarter of the UK’s total emissions come from homes, so householders have to be a part of the solution to climate change.

"Increasing the energy efficiency of homes not only helps reduce emissions, but will also help reduce fuel bills."

(CD/BMcC)

Latest Construction News

30/09/2016

The UK Government is set to end its controversial Help to Buy mortgage scheme by the end of this year, it has been announced. In a letter to Bank of England governor Mark Carney, Chancellor Philip Hammond stated the initiative had a "specific purpose that has now been successfully achieved". The s
30/09/2016

McLaren Construction has begun work to build a new £45 million residential development in Wandsworth. The contractor has been appointed by Lendlease to deliver 110 new properties in Southshields. The project is due to be completed in 2018. Designed by Scott Brownrigg, the properties will be split
30/09/2016

Balfour Beatty has increased its presence in the UK Rail market by purchasing Omnicom Engineering. The acquisition will expand Balfour Beatty's services for clients across the rail infrastructure lifecycle, from feasibility studies and planning through to design and implementation, maintenance and
30/09/2016

US Engineering firm KBR has signed a project management services deal on the £18 billion Hinkley Point C project. The deal follows the UK Government signing the Contract for Difference (CfD) with France and China on Thursday, 29 September, which will see the UK's first new nuclear power station bui
30/09/2016

The University of Hull has signed a deal with University Partnerships Programme (UPP) to deliver a new £130 million student accommodation scheme. The 43-year partnership will provide 1,450 students with a room to help meeting demand for on-campus accommodation. UUP will raise the required investme
30/09/2016

Construction software developer SOFiSTiK has opened a new office in London. The German-based engineering firm is expanding in the UK in order to grow its business in the country. A number of companies in the Greater London area have used SOFiSTiK's software for years and by opening a new subsidiar
30/09/2016

Property developer Grainger has agreed to forward purchase a new Private Rented Sector (PRS) development for £40 million in Leeds. The company has committed to the build-to-rent Leeds Riverside scheme on the former Yorkshire Post Gateway site in the city centre. The development will comprise of 24
30/09/2016

The UK's decision to leave the European Union (EU) slightly impacted on new home registrations between June and August, according to the National House-Building Council (NHBC). A total of 36,869 new home registrations were recorded in this years rolling quarter, an 8% decrease compared to 40,123 la
30/09/2016

Work to install a new railway line drainage system near Cumbria's border with North Yorkshire is now complete. The project was delivered on the Settle to Carlisle line in rural Cumbria due to rainwater deteriorating the foundation of the railway track. Engineers installed the drainage to collect s
30/09/2016

A roofing company has been fined after an employee fell from a scaffold during chimney repair works at a property in Kings Lynn, Norfolk. J Webber Roofing Limited of 81 Gayton Road, Gaywood, Kings Lynn pleaded guilty to breaching Regulation 4(1)(a) of the Work at Height Regulations 2005. It was fin
Lampost ConstructionK-RendFernhill StoneK RendCJC ContractsParamount Ceilings & Interiors LtdNTBS LtdHewitson Fabrication LtdHeskins LtdCCS Air Conditioning Ltd
Terms and Conditions