Environment2 sources
UK Launches Warm Homes Loan Scheme for Solar and Heat Pumps
- The UK government has launched a 'Warm Homes Loan Scheme' to provide interest-free or low-interest loans for solar panels and heat pumps.
- Loans are available for up to £15,000 for solar or a battery and £20,000 for heat pumps or other renewable heating technologies.
- The scheme offers an up-to-5% reduction in interest rates compared to regular loans, with repayment periods of up to 30 years.
- The initiative aims to help households reduce their energy bills by hundreds of pounds annually.
- The government-backed scheme is available to homeowners across the UK.