Money talks for green homeowners - 28/01/10

Money talks for green homeowners

Cash is the only thing stopping the majority of homeowners embracing a low carbon lifestyle and installing green energy systems such as solar panels on their property, a study has found.

Seven out of 10 homeowners said they would consider fitting a renewable energy system on their property if cash incentives from the Government were high enough, according to a Co-operative survey.

The findings have prompted conservation groups to call on the Government to address the concerns by putting more money into local level schemes as well as investing in greener energy infrastructure.

Friends of the Earth executive director Andy Atkins said: "Our homes, businesses and communities could become green power stations, but bigger Government incentives are needed to make this a reality."

Leonie Green, head of external affairs at the Renewable Energy Association, said: "The involvement of everyday people and businesses can transform the UK's renewable energy industry and bring down technology costs, as is the case in other European countries.

"The new renewable electricity payment schemes that will be announced shortly should make it easier for everyone to invest - let's hope the Government delivers the ambitious scheme we clearly all want."

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