No, not the interest you?d pay on a loan, interest as in attention given it.? Interesting how this parallels the U.S.? home improvement program which was part of the job stimulus program.?
From the Telegraph??.
Green Deal ?in tatters? as no-one registers
The launch of the Coalition?s flagship green energy project is ?in tatters? after a Government minister admitted that not a single household has yet registered for the deal.
The Green Deal encourages homeowners to take out a loan to make their house more energy-efficient. The project goes live in 10 weeks but households have had since October 1 to have their home assessed for the scheme prior to its launch.
However Greg Barker, the climate change minister, has admitted that ?no assessments have yet been lodged? on the Government?s official register by homeowners.
Last night the energy industry called on the Department of Energy and Climate Change (DECC) to launch an urgent marketing campaign to alert homeowners to the scheme.
Under the Green Deal people can borrow up to ?10,000 from a private sector loan provider and have loft and wall insulation fitted in their homes. The loan is repaid over a period of up to 25 years through higher bills. The idea is that bills will fall once the loan has been paid off because the houses need less energy.
Speaking in June 2011, Mr Barker said that the Green Deal would be ?the biggest home improvement programme since the Second World War?.
In an effort to kick-start interest, DECC last month announced a ?125 million ?cashback? scheme, offering homes up to ?1,000 if they sign up as ?early adopters?.
Ms Berger said that homeowners are being put off by the Deal?s complicated finance arrangements: ?The scheme had the potential to create thousands of jobs and help everyone lower their energy bills. Instead bungling ministers have squandered this opportunity by designing a scheme that is a bad deal for the public and doing nothing to promote it.?
How bad can a government program be to have no one sign up for it?? They can?t even give away ?1,000 for someone to sign on to this program.?
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