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Green Deal Finance Company Doubles it’s Membership
The Green Deal Finance company has managed to recruit double it’s initial membership since March 2012. Good news for the Government’s Green Deal, which has had it’s doubters in the past few weeks.
Paul Davies, speaking on behalf of The Green Deal Finance Company Limited said:
“The growing membership of The Green Deal Finance Company is a real reflection of the wide range of local authorities, businesses and services involved in delivering the low carbon economy. We have had significant interest in joining from other organisations in the public and private sectors, so we expect membership to increase again over the coming months as organisations prepare to take advantage of the consumer interest in this scheme at its roll out in Autumn.”
6 local authorities have joined the other companies and organisations that have signed up, which could indicate the schemes appeal to not only improve hosuing stock but also points to a general belief that there is money to be made as well as jobs.
The PWC website quoted the function of how the Green Deal Finance company would facilitate things in the future:
‘A key part of making the Green Deal work is that future Green Deal Providers – the companies that will make energy efficiency improvements – should be able to facilitate the cheapest possible finance, to maximise the value for consumers. The Green Deal Finance Company Limited will be a national aggregator designed to make finance generally available for Green Deal measures. By operating at a national level, it intends to minimise the operating and administration costs of Green Deals and will aim to access the cheapest sources of finance in the market with the benefit of a strong credit rating.’
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