Know what you want? Try our 'Supplier Directory' 

Dimplex acts in face of 'disappointing' solar PV ruling

In the face of the recent 'disappointing' decision on 'community' Feed-in Tariff (FiT) status for social housing projects, renewables supplier Dimplex is helping registered providers go ahead with photovoltaiv (PV) projects, thanks to a solar finance solution designed for social housing.
Dimplex acts in face of
Clare Campbell, product marketing manager at Dimplex Renewables, said: 'The Government's recent ruling makes it a little less easy for social landlords to tackle the escalating problem of fuel poverty with solar PV. However, there remain great benefits to be had from the technology and we have developed our finance scheme to help organisations go ahead with installing PV on their housing stock.'

The Dimplex solar finance solution, offered in partnership with Forrest Green, covers the cost of purchase, installation and ongoing maintenance of solar PV panels via a finance solution over up to 15 years, covered by payments under the FiT. Residents can access free day-time electricity immediately after installation and the programme can be expected to be cost neutral from the first year.

DECC's recent ruling means that although social landlords will still be able to access the FiT for solar PV installations, they will not be able to benefit from longer FiT guarantees or relaxed energy efficiency criteria for their properties. Additionally, landlords will be able to install only 25 PV arrays before a 10 percent cut in FiT kicks in, since aggregated social housing PV projects now receive just 90 percent of the FIT, giving a payment of 14.4p per kWh from 1 August.

Dimplex said its scheme with Forrest Green scheme delivered solar PV to social housing organisations at no cost, 'but unlike 'rent a roof' schemes, title is transferred to the registered provider at the end of the lease, allowing the landlord to benefit from FiT payments for the remaining years of the scheme'.

Follow HVROnlineEditor on Twitter
25 September 2012

Comments

Already Registered?
Login
Not Yet Registered?
Register

The deadline is looming! Enter the HVR Awards 2024 now

Entries are still open for the HVR Awards 2024 but time is running out so get your entries in today as the deadline is May 31! Celebrating 15 years since its launch, this is expected to be a bumper year for the prestigious scheme which recognises ...

  16-May-2024
ACR News

Hampshire based hydronics specialist expanding sales of ESBE products

The long-standing relationship between ESBE Group, the Swedish manufacturer of hydronics solutions and its Southampton based customer, ESSCO, is flourishing afresh as the latter company settles into new premises offering the space, facilities and ...

  22-May-2024

STOKVIS R600

CONDENSING ULTRA LOW NOx PREMIX COMMERCIAL BOILER
  10-Jan-2019
Heating & Ventilating Review is the number one magazine in the HVAR industry. Don’t miss out, subscribe today!
Subcribe to HVR

Diary

HVR Awards 2024