Government listens on energy efficiency loans

Here's something that popped up in the government's Low Carbon Transition Plan which I've been championing for months - energy efficiency loans to residents via local authorities.

The report says: "The Government will work with the Energy Saving Trust, energy companies, Local Authorities, the Distribution Network Operators (DNOs) and others to test uptake of this innovative financing, as well as householder interest in the ‘whole house’ approach. The Government will spend £4 million on these pilots and there is potential for match funding from a number of partners. Ofgem is considering scope for pilot funding for DNOs, under proposals for a new innovation incentive in the electricity distribution price control, to take effect from April 2010."

Hurrah! Camden first. We thought of it!!!