The Renewable energy supply and installation company Access Renewables has signalled that it’s ‘business as usual’ following key announcements from the coalition government today, with some positive effects for it’s clients.
Today the new coalition government announced that the Renewable Heat Incentive is to continue as planned – launching in 2011, following a similar style to the Clean Energy Cashback Scheme which was launched in April 2010.
The proposed Renewable Heat Incentive was originally developed under the Labour government, and the whole industry has been eagerly awaiting positive news from the coalition. The proposed scheme will reward owners of heat-generating renewable technologies for creating low carbon energy. Such technologies include solar thermal and heat pump systems.
Sean Collier, Business Development at Access Renewables said “We’ve been waiting for news for quite some time now – and the renewables industry can continue to flourish as it has done in the past 12 months and beyond following todays revelations. This latest announcement affects us directly, however other areas of the review also provide positive news which will help us further our growth plans for the medium to long term. We remain continually impressed with the support of the coalition government in developing a sustainable UK renewables industry, which will helps us create more jobs and investment in the future.â€
The review also provided encouraging signs regarding the future demand for renewables, in particular the plans to build 150,000 new homes within the social housing sector in the next four years. The Stockton-based contractor already installs renewable energy systems into this sector and the announcement will mean that its clients can continue to install systems which will benefit residents whilst providing a long-term revenue stream for the social housing providers.
Furthermore, the company recently entered the solar equipment supply chain, as a distributor and reseller of solar PV equipment to other installers around the UK and Ireland. The increase in demand for Solar PV equipment will further benefit the company which has already reported success in the short time it has been operational. The company began its distribution operations in early 2010 and the company reports that the launch of the Clean Energy Cashback Scheme for Solar PV has boosted demand for its products and sales revenues are higher than anticipated.
In light of the spending review, Access Renewables are committed to an ambitious growth plan which for the large part remains unchanged, and we welcome the extension to extra funding for apprentices which may result in additional job prospects within the North East region.
