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Use the next Energy Windfall to fund loans for easier access to Renewables.

Submitted on Thursday 14th July 2022

Rejected on Thursday 22nd September 2022

Current status: Rejected

Rejection code: no-action (see below for details)

Petition Action

Use the next Energy Windfall to fund loans for easier access to Renewables.

Petition Details

Rather than keep giving Energy cost handouts, use a Fund generated from Windfall Tax on Energy companies to allow homeowners access to 'FREE' financing of renewables. This is paid back via a second meter reading, at say, 15p/kwh. Paid with existing bill until a point the cost has been repaid.

Additional Information

Renewables have a 'payback period'. This, along with the upfront costs is putting people off having a viable and valuable asset to generate power installed. By giving access to 'up-front' funds at Zero interest, would encourage more domestic Solar installations. Fully self-funding by submission of a second meter reading at a substantially reduced kw/h rate, payback for a typical family is 6 years where 'tandem billing' finishes. Repaid funds can be then reused again for other causes.


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This petition was rejected

The Government e-Petitions Team gave the following reason:

Petitions need to call on the Government or Parliament to take a specific action.

We're not sure exactly what you'd like the Government or Parliament to do. We're not sure whether you want the Government to fund free renewable technology or to finance loans, because the text of your petition includes both.

You could start a new petition explaining clearly what you would like the Government or Parliament to do.

Have your say on this petition!

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