Interest free loans are to be offered to householders to help them cut their fuel bills and reduce emissions.
A sum of £2 million is available this year for a pilot loans scheme to help people improve insulation, replace inefficient boilers or install small scale renewables.
The Energy Saving Scotland home loans scheme is managed by the Energy Saving Trust in Scotland on behalf of the Scottish Government.
Loans of between £500 and £10, 000 are available. The loans are interest free so you only pay back what you borrow. Applicants can pay back the loan in monthly instalments over a maximum of eight years.
Loans can be combined with grants such as the Energy Saving Scotland home renewables grants and funding from fuel suppliers under the Carbon Emission Reduction Target.
You can borrow money to:
- Install cavity wall or solid wall insulation and/or loft insulation;
- Install renewable energy systems, such as wind turbines, solar water heating, heat pumps, small scale hydroelectric schemes and wood fuel heating systems;
- Replace old, inefficient boilers.
For more information, go to http://www.energysavingtrust.org.uk/scotland/Scotland-Welcome-page/At-Home/Grants-and-offers/Energy-Saving-Scotland-home-loans
Posted by Lindy MacLellan 
