Pay as you save can tackle barrier of going green, says SIG
Published: 08 March, 2010
BRISTOL: SIG Sustainable Solutions welcomed the announcement of the Government's Pay As You Save scheme which addresses one of the key problems people face when considering making green upgrades to their home – the availability of upfront capital.
The Pay As You Save scheme will offer households the option of a 'green loan' which allows them to purchase proven technologies such as solar PV panels and spread payments over a long period of time. This negates the need for the full amount to be raised upfront meaning the benefits of going green is more accessible and realistic for a gre ater number of people.
Paul Roche, director of SIG Sustainable Solutions, commented: "The green loan is linked to the property and not the individual so it won't feel like a noose around your neck. Instead, homeowners will only be responsible for the repayments for as long as they are benefiting from the measures adopted.
“We need people to start thinking about being 'energy generators' and not just 'energy consumers'. The economic and environmental advantages of doing so will be felt from day one. In the longer term, energy efficient homes will command more in the property market."
SIG Sustainable Solutions was established to meet the needs of customers looking for technical advice on and access to the latest in sustainable construction products.