Reduce your service charges and help save the planet…
Up until now there have been very few ways for Residents’ Management Companies to make money and lessees have had to rely on negotiating prices to keep their costs under control.
The government has bound us to cut CO2 emission by 34% by 2020 and to achieve this we must increase the proportion generated from renewable sources from the current level of 2 per cent to 15 per cent by 2020.
For blocks of flats the answer could be pv solar panels.
By installing pv solar panels to your block’s roof and adding an export meter, your block can register to sell the energy back to the grid, therefore earning an income for the RMC and in turn reducing the service charges for each lessee or developing a sinking fund for repairs required in the future.
Electricity is produced from sunlight through a process called solar photovoltaics. Photovoltaic cells are made of semi-conducting materials, so when the sunlight strikes, it is converted into electricity. Solar panels are reliable, fit and forget technology and reputable companies will also offer a 25 year warranty on the panels fitted.
A range of government grants are available to help you with the costs, plus you will help reduce your carbon footprint and help meet legislation targets.
