really.
Taxpayers have been left with a £17,000 bill for every household that signed up to the Government’s failed flagship energy efficiency scheme, the Green Deal.
Ministers wasted a total of £240 million on the ill-fated programme, which was launched in 2013 with the intention of upgrading Britain’s entire housing stock, a damning National Audit Office report found.
The Green Deal was supposed to encourage households to take out loans to fund the cost of installing measures such as insulation or double glazing, with the cost paid back out of the resulting savings on their energy bills.
Yet the scheme was eventually abandoned in July last year after just 14,000 households signed up, taking out loans worth just £50 million - on average less than £3,600 each.
mo
Failed Green Deal scheme cost £17,000 for every household that signed up
Taxpayers have been left with a £17,000 bill for every household that signed up to the Government’s failed flagship energy efficiency scheme, the Green Deal.
Ministers wasted a total of £240 million on the ill-fated programme, which was launched in 2013 with the intention of upgrading Britain’s entire housing stock, a damning National Audit Office report found.
The Green Deal was supposed to encourage households to take out loans to fund the cost of installing measures such as insulation or double glazing, with the cost paid back out of the resulting savings on their energy bills.
Yet the scheme was eventually abandoned in July last year after just 14,000 households signed up, taking out loans worth just £50 million - on average less than £3,600 each.
mo
Failed Green Deal scheme cost £17,000 for every household that signed up