In what the DECC is proclaiming as a sign of the attraction of the Green Deal to businesses, the formation of the industry-lead Green Deal Finance Company (GDFC) is designed to offer financial opportunities at competitive interest rates for delivering efficiency changes.  The Green Deal, a loan system that will offer home-owners loans to install energy efficiency products into their homes, is promising that the loan repayment amount will never be more than the money saved on energy bills as a result of the installations that take place.

“This is an exciting initiative with the potential to reduce interest rates on Green Deal finance", said Energy Secretary Chris Huhne,  "while also supporting healthy competition amongst Green Deal providers including small businesses".

The GDFC has been formed as a joint effort from some of the biggest players in the energy industry and finance, including Goldman Sachs, Carillion, EDF and British Gas .

Source:  DECC