Newark and Sherwood Homes is to provide 135 tenants with free solar installations in the second round of a PV project launched last year.
The arm’s length management organisation, which manages social housing for Newark and Sherwood Council, has already installed nearly 300 solar arrays across the homes of elderly and vulnerable tenants with suitable roofs.
The next round of installations will be financed by the gains that the company generated through the first wave of installations, said Assistant Director Andy Dewberry.
“We secured our first phase of solar PV at the highest FiT rate, which has generated a significant amount in the past year. Through efficiencies generated we are now able to invest further in making the homes we manage greener and more affordable for tenants. Tenants will benefit from over £100 per annum of free electricity and the future income generated from the feed-in tariff can be reinvested to support housing services for all tenants and benefit the community as a whole.”
Work on the 135 extra solar systems will be carried out by Tankersley-based installer, Nationwide Solar.
Commenting on the second phase, Russ Cowan, Managing Director of Nationwide Solar, said: “With increasing energy costs, Newark and Sherwood Homes has made a very wise decision to invest in solar PV to help its tenants to benefit from lower electricity bills.
“As an organisation, they will also reap the benefits of the FiT, which will give them a significant return on their investment over the next 20 years. Because of their reinvestment programme, it will also bring many benefits too for tenants and the local community.”