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Home News Latest News Fears of Adverse Effects of Financial Subsidy for Green Central Heating
Fears of Adverse Effects of Financial Subsidy for Green Central Heating
Wednesday, 12 May 2010 08:20
Reports this week of importance to Energy Consultancy and Utility Consultancy firms and their clients indicate that there might be quite sharp rises in energy bills because of a proposed financial subsidy for green central heating. This new renewable incentive which is supposed to be available from April 2011, will enable anyone who installs renewable heating to claim a subsidy.

It is feared by many that the effect will be to drive energy bills up as a result because ALL energy consumers will pay for the subsidy.

It is unlikely that the scheme is going to be cost effective and, perhaps, it is an area that needs to be looked at by the new coalition Government with a view to replacing it with a more well thought out scheme that will be self financing.


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