Date Published 27 November 2009
Every household under a Tory government will be entitled to claim at least £6,500 in retro-fitted energy improvements.
The scheme, which has attracted the support of Tesco and Marks & Spencer, would cover energy-efficient lighting, modern boilers, and cavity and loft insulation.
Shadow housing minister Grant Shapps says it will create 70,000 new jobs.
Customers will pay nothing up-front, but will be drawn into the scheme by the promise of lower utility bills. The new system will be paid for by retailers, utility firms and charities, who will claw back the costs over a 25-year period from customers’ energy bills.
The small payback will be visible on customers’ bills over each billing period