Question reference: S6W-12765
- Date lodged: 1 December 2022
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Current status: Answered by Jenny Gilruth on 16 December 2022
Question
To ask the Scottish Government what the target timescale is for making payments under the Low Carbon Transport Business Loan scheme, and what (a) number and (b) percentage of payments have met this target, in each of the last three years.
Answer
The Low Carbon Transport Loan, launched in 2011, provides interest free loans to help households and businesses purchase electric vehicles. Since its launch, the scheme has invested over £176 million, helped purchase 6,148 low emission vehicles, and saved over 113,000 tonnes of CO2. The LCTL has several distinct streams, including the domestic, business and taxi loan streams.
The Energy Saving Trust deliver the Low Carbon Transport Loan on behalf of the Scottish Government. The target for processing submitted claims containing all requisite information is within 10 working days.
The following table shows the percentage of payments made to businesses within 10 working days of all the necessary information being submitted by the applicant. Despite the challenges posed by COVID, for the vast majority of cases falling outside of the target, payments have only been delayed by 1 or 2 days.
TOTAL | In target | Out of target | % out of target | % in target | |
19-20 | 168 | 147 | 16 | 10% | 90% |
20-21 | 245 | 206 | 39 | 16% | 84% |
21-22 | 253 | 143 | 81 | 32% | 68% |
22-23* | 57 | 51 | 6 | 11% | 89% |
*as at December 2022