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M&S in Talks to Join Green Deal

It has been confirmed this week that Marks & Spencer has been having talks with the Department of Energy and Climate Change to see if the company can become part f the new Green Deal.

The Green Deal is due to be introduced from Autumn 2012 and will allow consumers to purchase materials and services to make their home more energy efficient with a loan from the government. The loan will be paid back over twenty years through the savings made from the home improvements.

B&Q and British Gas are already on board with the scheme, but it is thought that the deal will fit in with the M&S Energy product which supplies home insulation and solar panels. While the talks with M&S have been confirmed they have been described as ongoing and no firm contract is yet in place.

The Green Deal is expected to create up to 100,000 jobs over the next five years.