Oireachtas Joint and Select Committees

Wednesday, 10 July 2019

Joint Oireachtas Committee on Climate Action

Housing and Retrofitting: Discussion

Photo of Seán SherlockSeán Sherlock (Cork East, Labour)
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How can we get banks and credit unions to finance this opportunity for people living in typical 1970s bungalows? Such people might have some savings and can benefit from the SEAI grant. However, they still fall short of the a cost of a deep retrofit or a better energy solution. How do we fill that final piece of the pie? I have not been able to figure that out. The credit union movement and the Irish League of Credit Unions have talking about getting into this space. I imagine the banks could not care less about this space. However, relatively small loans could be scaled up to achieve a lot.