Wednesday, March 07, 2007



Bank Gives Lower Rates on Loans
for Insulation and Green Energy Projects

Permanent TSB will give a special discount on the normal lending rate for personal loans used to make green upgrades to homes. They will discount loans by one percent.

The initiative is to support projects like extra insulation, double glazing, solar energy systems, 'green' boilers and heaters, heat pumps, wind turbines, and greenhouses. All of these would all qualify for the scheme according to Permanent TSB.

The bank has set aside an initial €10 million for the scheme and would expand it if it proves popular.

This new scheme marks one of the first commercial programmes targeting green housing development.

I for one say well done Permanent TSB. Wish the Irish Government would do as much for insulation.


No comments: