Mid Devon District Council is on track to save thousands of pounds on its energy bills and benefit from long term reductions to its carbon emissions and usage.
The council is set to save up to a third on its annual energy expenditure after installing a range of energy efficiency measures in a number of its corporate properties.
The upgrades are being provided by energy services company Anesco Energy Services (South) (AESSL).
The cost of the installation will be recouped by AESSL both through sharing a percentage of the savings generated on energy bills and through the government’s Renewable Heat Incentive (RHI) scheme. The agreement will run for 12 years, after which time the council will receive the full benefit of the energy savings generated.
Councillor Ray Stanley, cabinet member for housing at Mid Devon District Council, said: “This initiative will bring many immediate and long term benefits. There is no upfront cost to the council, so monies we may otherwise have needed for a project of this kind will now be freed up and any money earned through the scheme will also go straight back into the budget.
“The RHI payments we will receive for the introduction of a biomass boiler will offset the annual maintenance costs and the project will also relieve the council of the need to find and allocate substantial capital to replace end of life assets, a cost which could have run into the tens of thousands.”