New energy loan scheme launches
10:02am Sunday 13th October 2013 in News
A NEW energy loan scheme has been rolled out in South Gloucestershire to allow homeowners to save money on their electricity bills in the long term.
Funding worth £70,000 is available to residents for a range of home improvement projects such as installing solar panels and biomass boilers or to replace their heaters.
Loans of between £1,000 and £15,000 can be taken out with South Gloucestershire Council and repaid over a six month to 15 year period at a four per cent interest rate.
The scheme is being administered by the Wessex Reinvestment Trust.
Residents interested in applying for a share of the £70,000 will receive a home energy assessment to determine which solution would work best for them.
Meanwhile, an energy trail organised by Sustainable Thornbury will be held on Saturday, October 19 and Sunday 20. Townspeople will have the opportunity to visit the homes of various people who have already made savings by upgrading their heating systems, or opting for energy-efficient boilers and solar panels. To finds out more about the event visit www.energysmarthomestrail.org.uk or pick up a leaflet at Thornbury Library or the town hall.
For further details on the home energy loan scheme call the energy advice line for free on 0800 500 3076.
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