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Proceeding contribution from Michael Meacher (Labour) in the House of Commons on Tuesday, 10 May 2011. It occurred during Debate on bill on Energy Bill [Lords].


Energy Bill [Lords]

The Secretary of State has concentrated on the benefits of the Bill, which of course depend on whether there is high take-up, which in turn depends on the interest rates on loans under the green deal. Will he give us some idea of what he intends the interest rate to be? Most expect that it will be of the order of 8% to 10% over a 25-year period, which will rule out very large numbers of people, particularly the poorest.


Secondary information

Type
Proceeding contribution
Reference
527 c1059-60 
Session
2010-12
Chamber / Committee
House of Commons chamber
Subjects
Consumers Decommissioning Conservation Business Climate change Billing Housing Environment protection Energy Electricity generation Energy supply Electricity Fuel poverty Heating Interest rates Warm front scheme Local government Protection Nuclear power stations Loans Meters Prices Private rented housing Standards Reform Renewable energy Carbon emissions
Legislation
Energy Bill (HL) 2010-12
Link
View this Proceeding contribution on www.publications.parliament.uk