Hackney Council is preparing to establish its own energy company powered in part by solar panels to be deployed on up to 15,000 council homes in an effort to drive the supply and generation of renewable energy. An Energy Company Delivery Board is due to be set up by January 2019 to develop the plans and fulfil a pledge made by the Labour council in its 2018 manifesto. It said the “publicly-owned municipal energy company” would offer “significantly cheaper, clean energy to residents and generate income for the creation of a ‘social dividend’ from which all of the borough’s residents will benefit”. This will be helped by plans to install solar on half of the council’s 30,000 homes, although the exact number of suitable properties is yet to be determined. It will aim to extend the work done by other municipal companies such as Robin Hood Energy, which was established by Nottingham City Council in 2015, by limiting financial risk while placing the growth of renewable energy sources as one of its top priorities.
Solar Power Portal 1st Oct 2018 read more »