Scotland provides extra £4m for green energy

An extra £4 million worth of funding has been announced to help Scottish householders generate their own green energy. The Home Renewables Loan Scheme gives people access to interest free […]

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By Priyanka Shrestha

An extra £4 million worth of funding has been announced to help Scottish householders generate their own green energy.

The Home Renewables Loan Scheme gives people access to interest free loans of up to £10,000 for a range of renewable heat and electricity technologies such as a solar system, micro wind turbine or an air source heat pump.

First Minister Alex Salmond said the scheme will be vital to enable Scotland to be a “truly low carbon economy”.

He added: “I am delighted to allocate further funding of £4 million to this successful interest free loans scheme so that even more Scots can reap the benefits of low carbon technologies, cut energy bills and emissions, support jobs and the local economy.”

More than 1,100 loans have been issued to householders across Scotland since the launch of the scheme in April 2011.