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| 'Green loan' fuel plan for homes | 'Green loan' fuel plan for homes |
| (about 2 hours later) | |
| Plans to encourage householders to make their homes much warmer and cheaper to run have been announced by ministers. | |
| Consumers will be offered long-term loans to install insulation, solar panels or other green technology, which they can repay through energy bills. | Consumers will be offered long-term loans to install insulation, solar panels or other green technology, which they can repay through energy bills. |
| The government wants to save 29% of carbon emissions from UK homes by 2020. | The government wants to save 29% of carbon emissions from UK homes by 2020. |
| Energy Secretary Ed Miliband said the scheme would enhance the value of a property by making its energy costs "significantly lower". | Energy Secretary Ed Miliband said the scheme would enhance the value of a property by making its energy costs "significantly lower". |
| The government says its plans will allow seven million British households to benefit from upgrades and create up to 65,000 jobs in the green homes industry. | |
| Ministers say upgrades such as solid wall insulation can reduce energy bills by £380 a year. | |
| Some 500 homes in Birmingham, Sunderland, the London borough of Sutton and Stroud, in Gloucestershire, have already tested a £4m pilot for the Pay As You Save scheme. | |
| Mr Miliband told the BBC: "If you're potentially buying the house, what will you find? | Mr Miliband told the BBC: "If you're potentially buying the house, what will you find? |
| "You'll find that the energy bills are significantly lower so, say, you'll be having a few hundred pounds off your energy bills and offsetting that you'll have a couple of hundred pounds in payments. | "You'll find that the energy bills are significantly lower so, say, you'll be having a few hundred pounds off your energy bills and offsetting that you'll have a couple of hundred pounds in payments. |
| "So you'll think, well I'm better off, actually, because this house has significantly lower energy bills, although it's got this repayment built into it." | "So you'll think, well I'm better off, actually, because this house has significantly lower energy bills, although it's got this repayment built into it." |