Energy efficient Northern Ireland homeowners could be in line for rate rebates, if new plans outlined by the government get the go-ahead.

Zero carbon property owners could get a reduced rate, in a bid to encourage energy conservation.

Finance Minister Nigel Dodds (pictured) unveiled the plans amid rising fuel and energy costs, which are become an increasing concern for householders across the island.

The Minister said: "These proposals are a response to the larger global issue of climate change but they will also have a direct impact on the cost of heating homes. Helping householders cope with the rising cost of living is an added benefit of more energy efficient homes.

"

-- Advertisement --

"The objective of these proposed new measures is to improve and encourage the appropriate investment in Northern Ireland's housing stock that will save energy in the longer term."

The government will be seeking public views on two particular proposals.

Firstly, the provision of a rate rebate to existing householders who make energy efficiency improvements, such as cavity wall and loft insulation. 



The second is for an initial exemption from rates for up to five years for the first residents of new homes that meet the proposed new zero-carbon standards, helping to encourage the demand for and supply of such houses.

The Minister said: "The longer term benefit of more energy efficient homes is that they will be cheaper to heat, more fuel efficient and with the proposed rate rebate save householders money, which in this present climate will be more than welcome.

"

"Should these 'green' proposals prove effective, the local taxation system could be used more in the future to further incentivise energy conservation and help create a more sustainable future for all," added Mr Dodds.

(PR/JM)