Scotland has become the “first country in the world” to offer an interest free loan for homeowners to install heat batteries, according to thermal storage company Sunamp.
The Government-backed Home Energy Scotland Loan scheme provides homeowners with an opportunity to incorporate renewable heat systems into their homes.
It is designed to provide an interest free loan of up to £6,000 that can be secured by private landlords and homeowners who wish to decarbonise their properties and homes by installing heat batteries.
A loan must be sought in order to integrate a heat battery into a home, but the homeowner must equally apply for a renewable system such as solar PV or air source heat pumps.
The loan scheme has been welcomed by industry as a need to decarbonise the UK’s heating network becomes increasingly pressing, with domestic heating accounting for around 15% of all emissions.
“We’re delighted that the Scottish Government is supporting energy storage systems in all forms,” said Andrew Bissell, founder and chief executive of Sunamp. “We’re especially pleased that Scotland, where we are based, is the first country to offer government support for heat batteries.
“Hopefully other countries will now follow Scotland’s lead so consumers everywhere can benefit from heat batteries to cut energy consumption. They will then benefit in the same way they did when Feed in Tariffs became the standard support for solar PV.”
Update: Sunamp issued this news originally in May 2018, and it was covered by mistake on 15 August 2022 on Current.