Written question asked by Gavin Newlands (Scottish National Party) on Monday, 22 January 2024, in the House of Commons. It was due for an answer on Wednesday, 24 January 2024. It was answered by Amanda Solloway (Conservative) on Monday, 29 January 2024 on behalf of the Department for Energy Security and Net Zero.
Home Energy and Lifestyle Management: Green Deal Scheme
- Question
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To ask the Secretary of State for Energy Security and Net Zero, if she will make an estimate of the cost to the public purse of green deal mis-selling by Home Energy and Lifestyle Management Limited.
- Answer
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In Green Deal mis-selling cases, my Right Hon. Friend the Secretary of State has power to reduce or cancel loans where there has been a breach of the relevant rules, and she is satisfied the consumer has suffered, or is likely to suffer, substantive loss. The financial impact of sanctions falls to the loan provider.
Public expenditure relating to mis-selling by Home Energy and Lifestyle Management Limited is limited to legal costs plus initial case reviews by the Financial Ombudsman Service, estimated at approximately £324,000. There are also staff and administration costs, but it is not possible to provide an estimate of these without incurring disproportionate cost.
Secondary information
- Type
- Written question
- Reference
- 10840
- Session
- 2023-24
- Subjects
- Costs Misrepresentation Green deal scheme Home Energy and Lifestyle Management
- Link
- View this Written question on www.parliament.uk
Librarians' tools
- Timestamp
- 2024-01-29 14:56:27 +0000
- URI
- http://data.parliament.uk/writtenparliamentaryquestion/commons/2023-24/10840
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