Thursday, September 27, 2007

£40 000 Grant for Green Community Project

Grant for green community project in Devon.


A small community has been given more than £40,000 to set up a renewable energy initiative.

The Beech Hill Community in Devon will be powered by its own wind turbine, solar panels and log-fuelled boiler.

They have been given £35,600 from the EDF Energy Green Fund and £7,000 from the Low Carbon Buildings Programme.

The 14-strong group who live at a large house at Morchard Bishop set in seven acres have taken out a loan to fund the remainder of the £90,000 project.

Residents at Beech Hill already grow their own fruit and vegetables, eat communal meals, host a village composting site, car share, recycle waste, keep chickens and use a natural sewage treatment system. The group said renewable energy had to be their next step.

BBC

There are a number of funding organisations offering money to assist in green energy projects. In the long run, not only will this community live without adding to the greenhouse gases, global warming and climate change, but will not be having to pay out the quarterly electricity and gas bills the rest of us do.

If they had to borrow £50 000 to pay for the balance of the equipment, that could be financed off a mortgage scheme, with a monthly repayment in £350 region.

Now the average family of 4 pay £150 a month for energy, so when you consider that 14 are being provided with energy for a hypothetical £350 a month, it is economically sound to make this shift in energy source.

It is important not to ignore the potential for funding and tax breaks on offer to businesses and residences for implementing state of the art green energy technology.

Start by doing a carbon footprint calculation today.

Denny

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