Solar Power Deal will Lower Social Tenants’ Energy Bills

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This may go some way to counter complaints that it’s mostly the better-off who can afford to buy solar power and benefit from its subsidies. On the other hand even council tenant subsidies have to be paid from utility bills in the end.

Andrew James

Solar panels are to be installed in 800,000 low-income homes across England and Wales over the next five years, as part of a new government scheme.

The Dutch firm, Maas Capital is investing £160m in the project.

The panels are expected to save 100,000 tenants living in social housing hundreds of pounds, according to the UK firm Solarplicity.

The first tenants to benefit from the scheme include residents of a sheltered retirement home in Ealing, west London.

Speaking at the site, International Trade minister Greg Hands said, “This initial £160m capital expenditure programme will deliver massive benefits to some of the UK’s poorest households.

“As well as creating 1,000 jobs and delivering cheaper energy bills for up to 800,000 homes, it shows yet another vote of confidence in the UK as a place to invest and do business.”

The firm providing the panels, Solarplicity, will partner with more than 40…

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September 2, 2017 at 03:24AM

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