Social housing repairs and maintenance service provider Mears Group has announced a new contract for the installation of photovoltaic solar panels in and around Peterborough. The contract, to be executed in partnership with British Gas, has been signed with Cross Keys Homes.
Under the terms of the £20 million agreement, which Mears claims is the largest Social Housing PV scheme in the UK; approximately 3,500 homes will be fitted with solar panels.
British Gas will cover the installation costs, recouping the investment over a period of 25 years while Mears will carry out a significant proportion of the installations, as well as all associated works such as scaffolding and electrical components.
David Miles, Chief Executive of Mears Group said, “We see increasing opportunities in this area into 2012, particularly as the 'Green Deal' and other energy efficiency measures come into play. Cross Keys will provide us an important reference site to lead our drive into this emerging energy opportunity as we continue to successfully leverage our partnership with British Gas, which gives us access to both funding and expertise in this area.”
This scheme will see the first PV fitted in September 2011, with all works completed by April 2012.