Eaga partners with HomeSun

August 2010

Eaga selected as installation partner for ground-breaking FREE-OF-CHARGE home solar energy package

Green services provider Eaga today announces it has been appointed as sole installation partner in a ground-breaking initiative to make solar energy more accessible.

HomeSun CEO Daniel Green with customer John Arnold & Andrew Mayfield from EagaThe partnership with free power company HomeSun underlines Eaga’s reputation for delivering large scale renewable energy programmes.

HomeSun plans 100,000 installs over the next three years.

Households with optimally-sited and sized roofs will be able to have the system and installation provided free. Customers with less well orientated roofs can have the solar panels for a one-off fee of £500 and £5 per month for HomeSun’s maintenance and repair service SolarCare – which lasts for 25 years and is again provided by Eaga.

Usually solar PV systems would cost between £11,000 and £15,000.

Systems will range from 2.5kWh to 4kWh. Households who have had systems fitted by Eaga already are typically seeing their quarterly energy bills drop by a third.

The HomeSun offer is possible by utilising the Feed-in-Tariff (FIT), which provides a future income over 25 years from electricity generated and surplus electricity sold back to the national grid.

While HomeSun receives the FIT income, the household will benefit from an affordable solar PV system and lower fuel bills. They also have the option to buy the systems at any time - on a straight line depreciation basis should they wish to receive the FIT tariff themselves.

Eaga is at the forefront of the low carbon economy and one of Europe’s largest providers of green technology. It was chosen by HomeSun because of its experience and capacity to deliver at scale and with the highest level of customer care.

Phil Stephenson, Managing Director of Eaga Renewables, said: “We are delighted to have been selected by HomeSun to help deliver this innovative offer. The Government has said there is a real challenge for businesses to help build a low carbon and energy-secure economy, and together with HomeSun we are taking a clear lead.”

Daniel Green, from HomeSun, said: “Two factors made Eaga the obvious choice. First, the need for trust; since a home is often an individual’s biggest financial investment it was critical to have an expert and experienced installer. Secondly, distribution; from day one we had to be able to offer widespread installation capability.

“Our SolarShare offer is all about making renewable energy more affordable to more people, as well as creating new jobs in the process.  We believe it is precisely the kind of enterprise-inspired solution that the Government is looking for to drive the green agenda.”

Through its Clean Energy Programme, which provides free solar PV to social housing tenants, Eaga has installed more than 500 systems since FITs were introduced in April. It is working with 12 social housing providers and has access to survey more than 250,000 potential homes.

The HomeSun offer of free solar panels is possible by utilising the Feed-in-Tariff (FIT), which provides a future income over 25 years from electricity generated and surplus electricity sold back to the national grid.

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Notes to Editors
                                                                        

1.    Eaga is a green support services and outsourcing company and a leader in the provision of outsourced services, products and solutions that address the environmental and social objectives of Government and the private sector. Eaga’s key market drivers are centred on climate change and social inclusion. 
2.    Eaga is the UK’s largest residential energy efficiency provider. Working in partnership with central and local Government, utility companies and other commercial organisations, Eaga operates across the UK and in the republic of Ireland, India and Canada, employing around 4,500 people.
3.    Eaga was established in 1990 as a private limited company to lead Government-funded efforts to improve the living conditions of vulnerable people living in cold, damp and energy inefficient homes across England. In 2000, the company was restructured to become an employee-owned business.

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