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Decision details
Warm Up Bristol - Capital Loan Scheme
Decision Maker: Cabinet
Decision status: Recommendations Approved
Is Key decision?: Yes
Is subject to call in?: Yes
Purpose:
To enable a long term, accessible and
sustainable loan mechanism to improve the energy efficiency of the
domestic housing market.
Decision:
1) That authority is delegated to the Director, Energy Service, to transfer unspent capital grant (circa £2m) to WRCIC upon DBEIS’s approval; WRCIC will use the funding to coordinate and provide revolving loans on behalf of the Council and members of the Local Authority consortium, to residents in need of installation of energy savings measures to their properties.
2) That authority is given to reshape the current loan schemes managed by WRCIC (on behalf of BCC) to ensure that the offer is comprehensive and makes energy efficiency improvements accessible to all.
Report author: Mareike Schmidt
Publication date: 04/10/2016
Date of decision: 04/10/2016
Decided at meeting: 04/10/2016 - Cabinet
Effective from: 12/10/2016
Accompanying Documents: