An Post’s ‘one-stop shop’ for greener homes

Irish Independent - - News - Char­lie We­ston PER­SONAL FI­NANCE ED­I­TOR

AN POST is to launch a “on­estop shop” for house­hold­ers who are up­grad­ing their homes to make them more en­ergy ef­fi­cient.

The scheme in­volves a pack­age that in­cludes cheap loans, hav­ing the work car­ried out for home­own­ers, and ap­ply­ing for the grant for the con­sumer.

The all-in-one ap­proach will mean that those tak­ing a loan from An Post will have the retro-fit­ting work car­ried out for them, project man­age­ment looked af­ter, and the grant ap­pli­ca­tion process han­dled.

The Green Fi­nance offer is be­ing launched at a time when there is a na­tional push to retro-fit up to 500,000 houses.

The scheme will en­able house­hold­ers to make en­vi­ron­men­tally re­spon­si­ble de­ci­sions when in­vest­ing in their homes or when re­plac­ing petrol or diesel ve­hi­cles.

It comes un­der the State com­pany’s An Post Money brand, which al­ready of­fers cur­rent ac­counts, per­sonal loans and credit cards, with plans to offer mort­gages and loans for small firms in the fu­ture. An Post has set up what it calls a Green Hub on its web­site, but con­sumers can also ac­cess it in 950 post of­fices.

The ‘green loans’ are is­sued by Avant­Card for An Post with a rate of 4.9pc on amounts over €20,000.

Man­ag­ing di­rec­tor of An Post Re­tail Deb­bie Byrne said this was a mar­ket-lead­ing rate.

The loans are ex­pected to be typ­i­cally used for in­stalling heat pumps, so­lar pan­els and wall in­su­la­tion. The re­pay­ments on the loan can be stretched over 10 years.

Ms Byrne said: “This on­estop-shop ap­proach will cover loan-only or full retro-fit ser­vices, from ini­tial home as­sess­ments to com­pleted works and a seam­less Sus­tain­able En­ergy Au­thor­ity of Ire­land (SEAI) grant ap­pli­ca­tion and pay­ment process.”

The offer also in­cludes the pro­vi­sion of a sur­vey.

An Post has part­nered with the SEAI and en­ergy com­pany SSE Air­tric­ity to carry out the works, and pro­vide ac­cess to grants.

The SEAI ad­min­is­ters grants, with up to €6,000 avail­able for ex­ter­nal-wall in­su­la­tion on a de­tached house.

Retro-fit pack­age: An Post Re­tail’s Deb­bie Byrne

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