Solar Power Deal will Lower Social Tenants’ Energy Bills

Posted: September 2, 2017 by oldbrew in Energy
Tags: ,

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…

View original post 86 more words

  1. Joe Public says:

    “Solar Power Deal will Lower Social Tenants’ Energy Bills” ……… at the expense of *all* others’.

  2. Err.. am I missing something here, is this money going to come out of thin air. No of course not, we will all be paying for it in the vast increase in subsidy for another 800,000 solar installations, most of it going straight over to Holland.

  3. Graeme No.3 says:

    How much would the average electricity bill payer save if Minister Greg Hands was thrown into the Thames with a heavy weight attached?

    [reply] don’t say that on social media 😉

  4. Petrossa says:

    in the netherlands you get taxed for energy you produce. Something most solarpanel enthousiasts only found out after having taken out a loan to fund the installation. Something the UK will obviously introduce some time after enough households have bought into this scheme

  5. ivan says:

    First question, what do they base their calculations on – smoke and mirrors?

    Here in the south of France and even down in Spain you need acres of panels to break even without subsidies. Sticking a few panels on a roof that is not at the optimum angle or direction does not cut it (in Spain the solar subsidy farmers are shutting up shop in droves since the government cut the subsidies).

    It would appear that this is nothing more than the usual green scam of obtaining public money by false pretences.

  6. oldbrew says:

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

    They obviously must be expecting to get it all back, plus worthwhile profits.

  7. You have to ask “where do they keep finding idiots such as Greg Hands” or is he yet another output of the dumbed-down education system?

  8. ivan says:

    oldbrew, I assume it will be like all the government backed green projects – any money they put in in is guaranteed by the taxpayer and the subsidies are the icing on the cake.

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )


Connecting to %s