"This is definitely going to happen and over the next year or so we will learn what the full details of the green deal are going to be," he states.
However, in the meantime homeowners looking to make savings on their home fuel bills may have no option but to compare electricity prices online and make a switch of energy provider in order to enjoy a cheaper tariff.
Chancellor George Osborne said in the recent Comprehensive Spending Review that he would set aside £1 billion to form the country's green bank and help families cut their energy payments.
Posted by Anne Yevel
Click here to run an energy price comparison, and see if you could be paying less for your gas and electricity.