Laura Sharman 19 August 2016

District buys solar farm for new revenue source

District buys solar farm for new revenue source image

Forest Heath District Council has purchased the largest local authority-owned solar farm in the UK, which will generate income of up to £700,000 per year.

The council has purchased the 12.4MW solar farm for £14.5m at Toggam Farm with the intention of using the revenue to help fund public services.

After the capital outlay has been recouped, the investment will generate at least £300,000 in the first year, rising to £700,000 per year after ten years.

Cllr Stephen Edwards, the council's cabinet member for resources and performance said: 'The way councils are financed is changing – our main Government grant will be scrapped by around 2020 and council tax doesn’t cover as much as people think. This means we have to look at new ways of investing to make money to pay for services.

'In the future, the solar farm could provide energy to West Suffolk councils’ offices and our leisure centres, helping us and our partners to save money on energy costs on top of the income it will bring in, while further down the line there may also be opportunities to benefit our communities as well, although this is dependent on the energy market.'

The council will also be lobbying the Government to over charges over the generation and supply of energy to local markets so it could offer branded tariffs to local businesses.

SIGN UP
For your free daily news bulletin
Highways jobs

Interim Head of Service - Adult Operations

Tile Hill
£600 - £700 per day
Two Interim Heads of Service are required by our local authority client to lead adult operations across two localities. South
Recuriter: Tile Hill

Operations Manager (Traffic & Compliance)

Barnet London Borough Council
TBC
We’re looking for the right person for this role, so we don’t mind where you’re located, as long as... Barnet (City/Town), London (Greater)
Recuriter: Barnet London Borough Council

Operations Manager (Traffic & Travel)

Barnet London Borough Council
TBC
You’ll be responsible for developing strategies and delivering projects and programmes as part of the service senior management team - including... Barnet (City/Town), London (Greater)
Recuriter: Barnet London Borough Council

Operations Manager (Development Control)

Barnet London Borough Council
TBC
You’ll be responsible for the overall delivery of all highways and development control management in this varied role. Barnet (City/Town), London (Greater)
Recuriter: Barnet London Borough Council

Operations Manager (Assets)

Barnet London Borough Council
TBC
It’s an exciting role where we’ll look to you to ensure highways projects are delivered against continuous improvement and... Barnet (City/Town), London (Greater)
Recuriter: Barnet London Borough Council

Public Property

Latest issue - Public Property News

This issue of Public Property examines how how flexible workspaces can lead the way in regeneration for local authorities, Why local authority intervention is key to successful urban regeneration schemes and if the Government’s challenge of embracing beauty is an opportunity for communities.

The March issue also takes a closer look at Blackburn with Darwen Council's first digital health hub to help people gain control over health and care services.

Register for your free digital issue