Suffolk County Council is offering interest-free loans to help make residents’ homes warmer, safer and cheaper to run.

Energy efficiency upgrades such as insulation, solar panels, batteries, glazing, or heat pumps are possible with loans from £2,000 to £15,000 to be repaid over a maximum of seven years – at 0% interest.

The £3 million project fully opened to homeowners across Suffolk on 1 November 2024, and applications can now be made at https://www.lendology.org.uk/warm-home-suffolk-loan.

Making homes more energy-efficient helps retain their heat and use less energy, meaning homeowners can save on their energy bills and reduce their carbon emissions. A warm home also has a positive impact on health and well-being.

Councillor Philip Faircloth-Mutton, Suffolk County Council’s Cabinet Member for Environment, Communities and Equality, said:

“This loan scheme will help hundreds of Suffolk residents to make their homes more energy efficient. It will put money back in their pockets, by saving on their energy bills.

“We all have a responsibility to ensure homes can cope with the changes in climate, keeping people cooler in summer and warmer in winter, and ultimately reducing our carbon emissions. This loan scheme is one way we’re helping people to do that – and at the same time, they are benefitting from improvements to their homes.

“One of the other highlights is that more than the initial £3 million will be generated for loans – when people make their repayments, the money goes back into the pot and is available for someone else. We hope it will be accessible for many years.”

Money for the loans comes from £3 million of funding received as part of the council’s negotiations with the previous government to secure a County Deal.

It was allocated from the Department for Levelling Up, Housing and Communities to support an energy efficiency and energy generation 0% loan fund for people that cannot access grants currently available to low-income households.

The scheme supports Suffolk’s Climate Emergency Plan, by increasing the number of properties which have energy-efficient and low carbon energy measures installed.

An increase in demand for energy efficiency measures will also help support businesses providing those services, meaning jobs, skills development and investment in the green economy.

Suffolk County Council is partnering with Lendology CIC to deliver the interest-free loan scheme. Lendology CIC is an experienced Social Enterprise Lender, managing similar schemes with councils across the country.

Emma Lower, CEO at Lendology CIC, said:

“We are delighted to be working with Suffolk County Council to deliver 0% interest loans to eligible homeowners. With over 20% of the UK’s carbon emissions coming from privately owned homes, supporting homeowners to spread the cost of energy efficiency measures is a fantastic step to reducing emissions across Suffolk”.

For more information and to apply for in an interest-free loan, visit https://www.lendology.org.uk/warm-homes-suffolk-loan/

Two free webinars have been organised if you’d like further information or have questions: