HC Deb 19 December 1974 vol 883 c570W
Mr. Rost

asked the Secretary of State for Energy what annual saving in energy consumption he estimates will be achieved from the £3 million he is making available in loans for energy-saving investment in industry.

Mr. Varley

The savings will depend on the number and nature of projects qualifying for loan. The conditions of the scheme will be designed to ensure that the value of annual fuel savings is not less than one-third of the amount of each loan. Savings are, of course, cumulative.

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