Would you like £150,000 towards solar panels?
Here’s some positive news for a change…Energy secretary Ed Davey has just announced a new £10m fund to encourage urban communities to get involved in renewable energy.
If you live in the city, you and the people in your area could get up to £150,000 towards solar panels or a shared wind turbine. There’ll also be rewards to encourage communities to save money on their energy bills by collectively switching suppliers.
With energy costs rocketing, making your own solar and wind power no longer seems so pie in the sky, and as creating renewable energy can mean lower (or even non-existent) bills, this seems like a good way to put some power into people’s hands.
So how do you get the grant? Well, it’s not been decided yet, but groups will soon be invited to apply for grant of up to £20,000 to assist with the planning stages and assess what’s possible to achieve in their community. Then loans up to £130,000 will be available to help the project go ahead.
Called the Urban Community Energy Fund, this actually seems like quite a good idea from the government– and a surprisingly socialist one, too. ‘Sock it to The Man and build your own wind turbine, dude’ doesn’t seem exactly in line with Osborne’s attempts to Frack everything up, but let’s be thankful for small mercies, eh?