Energy Bill

The hon. Gentleman is making one or two errors in interpreting our policy. The amount would be up to £6,500, because not every home would require the same level of cost-effective investment. Any private company that can save money on its electric bills by investment is doing so: the problem with individuals is that they cannot borrow the money in the same way as businesses. This scheme would enable them to draw down their future energy savings to invest in the energy efficiency of their homes. It seems a bit of a no-brainer to me.