YES Energy Solutions is working with Gosport Borough Council and OVO Energy to fund an extensive external wall insulation (EWI) scheme.
Scheme In Detail
14 solid wall blocks of flats and maisonettes in the Rowner area of the town will be given full energy efficiency upgrades, helping hundreds of residents to keep warm and reduce their fuel bills.
With the properties located off the mains gas network, many of the residents are at risk of living in fuel poverty, relying on inefficient and expensive electric storage heaters to heat their homes.
Under this scheme thermal insulation boards will be fitted to the exterior of each building then rendered to enhance their visual appearance. Not only will the project improve the existing streetscape, but help retain heat enabling residents to take control of their energy bills.
A total of 235 apartments will benefit from the renovation.
The properties are managed by Zephyr Property Agents and Hampshire Property Management Ltd. Both share the Council’s drive to improve living standards and help residents save energy.
The project is using an innovative blended funding approach whereby 50% of the measures are paid for via the Government's Green Deal Communities Fund - a unique funding pot available to Local Authorities which Gosport Borough Council were sucsesful in procuring. Around 30% is paid by the Management Companies and the remaining balance is covered via YES Energy Solutions’ funding arrangements with OVO Energy under the Energy Company Obligations (ECO) scheme.
YES Energy Solutions has secured ECO funding to support the project through Bristol based utility company, OVO Energy. This new relationship has given the works a major contribution which has broadened the scope of the project.
We are responsible for ensuring that the maximum amount of funding is made available. We do this by calculating the amount of CO2 that will be saved as a result of the external wall insulation being applied to each building. Our experienced Funding and Compliance team are busy processing the funding application and ensuring all documentation meets the relevant requirements before installations are scheduled.
Gosport MP Caroline Dinenage is delighted with the scheme’s progress. Speaking to the local press she explained:
"This is a win-win situation. Ecologically it’s great but it makes a much more pleasant living environment and actually saves residents money in their pocket."
The contractors (Wall Coatings) are now on site and the first installations have been completed. The project has already had a positive impact on householders. One resident explained:
"There has been a massive improvement. It’s definitely a lot warmer and I’ve seen a lot more of my neighbours – some I didn’t even know lived here – so it’s brought the community together as well."