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Old 01-06-2008, 18:15   #1
derekgas
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Central Heating Grants (warmfront)

Looks like millions have been and are still being duped in this country, the eaga partnership, which was formed to issue the government grants funding to refurbish heating systems and insulation etc, was originally a non profit organisation, well warmfront (who do more than 40% of the installations), is owned by eaga, and have just published a pre tax profit of £87 million for 2007, they are also listed in the ftse 250, How does a non profit organisation (which is now incidentally employee owned) make 87m profits? This is an increase on the previous year of 60% by the way, presumably because warmfront do 30,000 of the allotted installations per year, the second largest installer, this is work which should be shared between approved contractors, but obviously is not, because warmfront do the lions share. here is a link which gives different figures than the written account that I have read in the corgi installer magazine, where the writer states that he is petitioning number 10 to have the grants issued direct to the public, for them to CHOOSE thier own installer.
http://www.nebusiness.co.uk/business...1140-20410278/
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