This idea is based on the Warm the Cold concept which raised the issue of people having a hard time paying their utility bills. I suggest to offer them long-term low-interest loans to transform their homes to use renewable energy.
This idea is based on the
Warm the Cold
concept which raised the issue of people having a hard time paying their utility bills. I suggest to offer them long-term low-interest loans to transform their homes to use renewable energy.
Many people in a lot of countries have problem with paying their very high heating bills during winter months. So what makes the heating bill so high? For example:
- Lack of proper insulation of the walls of the building
- Too old windows and doors that don't close properly
- Worn away roof
- Improper foundation
- Inefficient heating system
Some governments are able to subsidize families who have trouble paying their bills but not all countries and local governments have the luxury to do this, so the only way to solve this problem on the long term is to fix the insulation of these houses so they need less heating and also install more efficient heating systems that use renewable energy.
I propose either governments or any banks to offer long-term low-interest loans for citizens to fix the insulation and heating system of their houses as long as they transfer to use some form of renewable energy. Banks could for instance afford to offer these low-interest loans as part of their CSR activities.
I believe one such initiative exists in
and I'm sure there are loads of others as well (will try to find some more later on, but please feel free to link some in the comments)
It would be also great if the initiative would be advertised by the local government who would also offer some advice on how this transformation of the houses could be done and would have a list of trusted contractors who could get that done.