I have just read this in the government's "Comprehensive Spending Review":
DECC will develop innovative ways of working with the private sector, acting as an enabler rather than the default provider. Households will be able to improve the energy efficiency of their house at no upfront cost, repaying through the savings they make on their energy bills, through a Green Deal.
Extra support to reduce energy bills and help improve heating and insulation will be provided by energy companies to combat fuel poverty. This will allow the Warm Front public spending programme to be phased out over time, saving £345 million by 2013-14.
Warm Front accounts for 44% of EAGA's turnover, so they are having to restructure the company, which costs money. No wonder EAGA shares have taken a dive.
DECC will develop innovative ways of working with the private sector, acting as an enabler rather than the default provider. Households will be able to improve the energy efficiency of their house at no upfront cost, repaying through the savings they make on their energy bills, through a Green Deal.
Extra support to reduce energy bills and help improve heating and insulation will be provided by energy companies to combat fuel poverty. This will allow the Warm Front public spending programme to be phased out over time, saving £345 million by 2013-14.
Warm Front accounts for 44% of EAGA's turnover, so they are having to restructure the company, which costs money. No wonder EAGA shares have taken a dive.