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Millions of homeowners could be set to receive cheap loans and grants for solar panels
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Millions of homeowners could be set to receive cheap loans and grants for solar panels

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Millions of homeowners could be set to receive cheap loans and grants for solar panels - Ministers are drawing up plans to subsidise the cost of fitting solar panels and batteries in homes across the
The UK government is considering a new initiative to support the installation of solar panels by offering millions of homeowners access to cheap loans and grants. This move aims to reduce energy bills and enhance energy security by promoting the use of renewable energy sources. The proposal includes providing interest-free loans for solar panel installations, potentially saving households around £400 annually on electricity costs. Additionally, there are discussions about grants to cover the upfront costs, making solar energy more accessible. This initiative is part of a broader strategy to meet net zero emissions targets and could be detailed in the upcoming Spring Budget. The plan has received backing from various stakeholders, including energy experts and environmental groups, who see it as a step towards sustainable energy practices and reducing reliance on fossil fuels.

Read the Full MSN Article at:
[ https://www.msn.com/en-gb/politics/government/millions-of-homeowners-could-be-set-to-receive-cheap-loans-and-grants-for-solar-panels/ar-AA1wC5We ]