10,000 Birmingham council homes to get solar panels
City agrees £100m scheme, partly funded by banks and energy suppliers, to meet target for cutting carbon emissions
Plans to fit power generating solar panels to council-owned properties in Birmingham will be pushed forward this week after the council agreed a “green new deal” scheme covering 10,000 homes.
In the biggest proposal for retrofitting houses through an energy efficiency upgrade yet seen in the UK, the council agreed a £100m proposal last week designed to create jobs and meet the city’s ambitious targets for reducing carbon emissions.
The plan – Birmingham Energy Savers – will be jointly funded by Birmingham council and investment from energy suppliers and commercial banks, and follows two successful pilot schemes conducted in Europe’s biggest local authority.
Under the scheme, the commercial banks will provide half the up-front investment, supplemented by £25m from the energy companies and £25m borrowed by the council. Consumers will pay a levy on their energy bills to repay the loans but Sandy Taylor, head of the city’s climate change unit, said households would still be paying lower bills after the retrofit.
For the full article see the Guardian