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The use of renewable energy is becoming increasingly important to protect the environment. One way to heat in an environmentally friendly way is the pellet heating system. From 2021, there will be various federal and state subsidy programs to make it easier to switch to this heating method.

Within the framework of these subsidy programs, both the installation and the replacement of old heating systems are supported. Subsidies are also available for new home construction. The support takes place thereby in the form of subsidies or low-interest loans.

British corporation Provident Financial has issued another profit warning, causing a shock to investors. The provider of small loans had to drastically lower its profit forecast for the current fiscal year. This is the second time in just a few months that the company has reported weak business performance.

Above all, the upheaval in the company’s management seems to be taking its toll on the company’s financial situation. A few months ago, CEO Peter Crook was forced to resign after leading the company into a disastrous situation. About 800.000 customers refused to make their immense debt repayments, resulting in massive problems for Provident Financial.