This part of the project aims to switch customers who had a FREE installation of Solar PV to a NEW scheme that allows them both to save on electricity bills and also receive the revenue from the Feed-In-Tariiff with no extra cash outlay. The Feed-In-Tariff losses for those homes on the FREE installations could be as much as £15,000 over 20 years.
We hope to bring renewable energy to all the PRIVATE tenants who have a FREE installation already, lowering their electricity bill by between £40 & £80 per month by switching to the new Leigh Park Solar scheme. The scheme enables funding to be provided for each owner to buy back their Solar PV system from the company that installed it. The owner can then claim back the Feed-In-Tariff revenue in addition to the current savings they are making on their electricity bills.
We hope to bring renewable energy to all the COUNCIL tenants Solar PV installations which will lower their electricity bill by between £40 & £80 per month through the new Leigh Park Solar scheme. The scheme enables funding to be provided to the Portsmouth City Council, who then claim back the Feed-In-Tariff revenue in addition to their tenants making savings on their electricity bills. Portsmouth City Council who own the homes could receive a revenue stream of over £100 million over 25 years if they install Solar PV on 5,000 Council owned homes.
Sustainable Retail may also be possible by providing the owners of the shops in Park Parade & Greywell Shopping area Solar PV installations providing additional revenue for the owners and lower electricity bills for both the home tenants above the shops and also the shop tenants.
Solar Farms will be discussed and hopefully developed in the area so all council tenants can have this free electricity source even if their roof area is not south facing or in shade. These Solar Farms could be owned by Havant Borough Council and £ millions in extra revenue could be raised from the Feed-In-Tariff to enable Havant Borough Council to receive much needed extra revenues. Portsmouth City Council could also build a Solar Farm outside of the Havant Borough Council area and receive extra revenues and also provide electricity for the Leigh Park tenants.
A Community Social Enterprise Initiative
A vision for the community of Leigh Park – sustainable energy – Solar PV – extra revenue for owners and lower operating costs for shop tenants also for Council tenants – more£££££ and the £COM shop concept - low prices for computers, appliances, cloths, shoes and toys. Some cloths sold for £1 for old cloths to £5 for new cloths –appliances & computers £100 plus – more easily affordable - profits go to Community Fund. Lower shop rents & rates. Formation of a new credit union with a £290,000 input each year and the creation of many jobs.
Sustainable energy – Solar PV – extra revenue for owners and lower operating costs for shop tenants also for Council tenants – more£££££, Provision of New & Used appliances at affordable prices, Enhance Educational standards through much cheaper prices for Laptops. Provision of lower prices cloths & shoes.
Profits used for a Community Fund – used for provision of Savings scheme and loans for appliances such as beds, washing machines cookers, fridges and TV’s at low prices in order to combat “Bright house pricing”. Savings scheme with new Credit Union for Laptops & appliances
Driver for Solar Energy for Social Housing Tenants saving them between £40 & £80 per month on electricity bills – reducing energy bills.
Help alleviate starvation, poverty together with fuel poverty & bad debt
Reduce crime, alcohol & drug abuse in Leigh Park – due to fairer conditions.
Enabling reduction in Rents & Rates by Solar PV on shop roof areas, allowing for extra revenue streams for owners and reduction in electricity bills by shop tenants in Park Parade. Solar PV funding via capital works budgets of both HBC & PTCC or from Regional Growth funding.
Formation of a new credit union would be required and the creation of many jobs made possible. Revenue generation for HBC of £2.9 million per year for 25 years could be possible for HBC.