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New cheap energy 'green deal' unveiled by Conservatives - 07/10/2009

People looking to compare energy prices may be interested to hear details of a new "green deal" that has been proposed by the Conservatives.

One of the main features of the deal would be the provision of up to £6,500 for every homeowner in the UK to pay for the installation of energy-efficient measures such as cavity wall and loft insulation.

The measures would be paid for by energy suppliers, rather than the money being allocated directly to consumers, and the cost would recouped by energy firms through domestic billing.

Homeowners could access cash savings of as much as £360 every year by saving heat energy through the insulation plan.

Environmental group Friends of the Earth told the Guardian the figure needs to be at least £20,000 per home to access a 50 per cent reduction on domestic carbon emissions, while energy and climate change secretary Ed Miliband attacked the Conservatives' renewable energy record, telling the paper Tory councils block 60 per cent of wind farm applications.

The government recently pledged to insulate every UK home within the next few years.

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