We’ve launched a ground-breaking new tariff that might reduce electrical energy payments for social housing tenants by as much as £208 a 12 months, whereas additionally serving to landlords go inexperienced and improve extra properties with clear vitality.
Tenant Energy is designed for properties with photo voltaic panels and a battery. It provides tenants cheaper electrical energy by utilizing vitality from pure, inexperienced sources and rewards landlords by paying them for any further vitality that will get exported to the grid.
It’s a easy thought with a huge impact. Large financial savings for tenants. A transparent return for social housing landlords. And a cleaner, greener vitality system for everybody.
Sharing the advantages of inexperienced vitality pretty
Proper now, social housing tenants cannot at all times profit from all of the methods new vitality tech can slash your payments. That is as a result of vitality set-ups are sometimes managed by social housing landlords like housing associations, limiting tenants’ capability to entry cheaper charges or good financial savings schemes. Even when photo voltaic panels and batteries have been put in, tenants have not at all times seen financial savings on their payments, as a result of there wasn’t a tariff designed to go these financial savings on.
In different instances, solely the tenants profit from any low carbon tech put in, leaving the landlords with nothing to point out for his or her funding. This creates a lose-lose scenario the place tenants miss out on potential financial savings whereas landlords battle to justify investments in vitality enhancements that do not present them with satisfactory returns.
Tenant Energy adjustments that. With this tariff, tenants see actual, on a regular basis financial savings on their vitality prices. Landlords receives a commission when their properties export further solar energy, serving to cowl the price of putting in extra inexperienced tech in additional properties. It’s a win-win!
It’s the primary time a UK tariff has been designed to pretty share the advantages of renewable vitality between landlords and tenants.
Much more financial savings with good inexperienced upgrades
Any social housing tenant with photo voltaic panels and an Octopus-optimised battery can be part of Tenant Energy. If landlords go additional and set up good low carbon tech like warmth pumps, tenants might save much more.
We’re inviting housing associations and native councils to carry this new tariff to their communities and assist 1000’s of households entry inexpensive, inexperienced vitality.
Tenant Energy is all about making clear vitality work for everybody. As a result of the vitality revolution ought to go away nobody behind.
