Following the Budget 2009 and in response to today’s announcement by the Department of Energy and Climate Change (DECC) an additional £45 million of funding has now been allocated into the Low Carbon Buildings Programme, extending it until 2011.
The new allocation means that the scheme can continue to subsidise the cost of installing renewable energy systems such as Solar, Wind and Heat Pumps for homeowners, schools, charities and local authorities through until April 2011.
Access Renewables, an expanding renewable energy installer based in County Durham is one company which is expecting the recent announcement to have a positive effect on business. The company is currently involved with a number of projects which are expected to benefit from the new allocation of funding into the scheme, which has an overall target of reducing the CO2 emissions of homes and buildings across the UK.
Karen Jones, Managing Director of Access Renewables comments “The industry has recently been suffering from a slight downturn following uncertainty with the funding scheme following the planned end for the scheme, which was scheduled for June 2009, and the launch of feed-in tariffs in April 2010. As this left the industry in a temporary state of limbo, expansion plans had to be postponed and projects downsized. The recent announcement means that projects can be picked up where they left off, particularly those involving Solar PV and we can be confident in our planning for development and growth over the coming 12-18 months.”
For homeowners, the announcement means grants will continue to be available past the original deadline of April 2010, and that there will be enough funds to cover demand. For schools and local authorities, this means that the current backlog of Solar PV applications will soon be dealt with and not-for-profit organisations can continue to benefit from the scheme. Such organisations are urged to begin looking at renewable energy as a serious option before funding runs dry once more.
Access Renewables offer a complete service which includes design of renewable energy systems, advice and assistance for funding, access to finance for some clients, advice and assistance submitting planning applications, and the installation and maintenance of the renewable energy systems. Sean Collier of Access Renewables adds: “We aim to take the administrative burden from our clients by handling planning and funding applications, and arranging the installations to ensure everything runs smoothly. This is particularly advantageous to schools and charities which don’t have time to deal with it, freeing them up to concentrate on their own activities”.
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£45m now allocated into Major Funding Scheme
The new allocation means that the scheme can continue to subsidise the cost of installing renewable energy systems such as Solar, Wind and Heat Pumps for homeowners, schools, charities and local authorities through until April 2011.
Access Renewables, an expanding renewable energy installer based in County Durham is one company which is expecting the recent announcement to have a positive effect on business. The company is currently involved with a number of projects which are expected to benefit from the new allocation of funding into the scheme, which has an overall target of reducing the CO2 emissions of homes and buildings across the UK.
Karen Jones, Managing Director of Access Renewables comments “The industry has recently been suffering from a slight downturn following uncertainty with the funding scheme following the planned end for the scheme, which was scheduled for June 2009, and the launch of feed-in tariffs in April 2010. As this left the industry in a temporary state of limbo, expansion plans had to be postponed and projects downsized. The recent announcement means that projects can be picked up where they left off, particularly those involving Solar PV and we can be confident in our planning for development and growth over the coming 12-18 months.”
For homeowners, the announcement means grants will continue to be available past the original deadline of April 2010, and that there will be enough funds to cover demand. For schools and local authorities, this means that the current backlog of Solar PV applications will soon be dealt with and not-for-profit organisations can continue to benefit from the scheme. Such organisations are urged to begin looking at renewable energy as a serious option before funding runs dry once more.
Access Renewables offer a complete service which includes design of renewable energy systems, advice and assistance for funding, access to finance for some clients, advice and assistance submitting planning applications, and the installation and maintenance of the renewable energy systems. Sean Collier of Access Renewables adds: “We aim to take the administrative burden from our clients by handling planning and funding applications, and arranging the installations to ensure everything runs smoothly. This is particularly advantageous to schools and charities which don’t have time to deal with it, freeing them up to concentrate on their own activities”.
Tags: Funding, LCBP, Low Carbon Buildings Programme, Phase 2
This entry was posted on Friday, May 22nd, 2009 at 12:42 pm and is filed under Comments, Funding, Industry, Renewables. You can follow any responses to this entry through the RSS 2.0 feed. Responses are currently closed, but you can trackback from your own site.