The government's energy efficiency loan scheme had an
"abysmal" take-up rate because it had not been tested with consumers,
MPs have said. The "Green Deal" ended last year after providing just
£50m in 14,000 loans to households to boost energy efficiency. That was far
less than the £1.1bn predicted by the government, with each loan costing
taxpayers £17,000. In a highly critical report, the Public Accounts Committee
said projections for the scheme were "wildly optimistic". The MPs
said the Department of Energy and Climate Change's figures gave a completely
misleading picture of the scheme's prospects to Parliament. Read more on the
BBC website.
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