Continuing its efforts to ease the affordable housing crisis in England, government officials have committed to installing solar panels to 800,000 low-income homes across England and Wales.
Free to tenants, the panels are expected to reduce energy bills by hundreds of pounds, according to Solarplicity, a British renewable energy provider.
The plan is supported in part by a £160 million investment by Dutch firm Maas Capital, a move that, according to International Trade minister Greg Hands, will not only help create 1,000 jobs and lower energy bills, but also act as a “vote of confidence in the UK as a place to invest and do business."
The panels will initially roll out to residents of a sheltered retirement home in Ealing in west London, with installation efforts primarily focused on recruiting military veterans.
Solarplicity will provide the solar panels and work with over 40 social housing landlords as well as local authorities. According to the BBC, the company will “profit from the payments received under the feed-in tariff scheme and payments for energy from social housing customers.”