FAMILIES in Bolsover could benefit from a new scheme designed to generate millions of pounds worth of funding in the area, as well as tackling fuel poverty.
Renewable energy firm Banks Renewables is looking to set up a new Warm Zone scheme which would deliver energy-saving measures, including cavity wall insulation and loft insulation, to homes in the district and create around 50 jobs.
Banks Renewables says that funding for the scheme is linked to the proposed Losk Lane wind farm, which the company is hoping to build in Palterton if it receives planning permission.
The proposed development would generate enough renewable energy to power more than 4,000 homes and businesses every year.
It is estimated that the scheme could generate up to £3m for residents in the shape of grants for energy efficiency improvements that will increase a property’s energy rating and reduce fuel bills.
Phil Dyke, development director at Banks Renewables, said: “Sharing the benefits of the schemes that we operate with the communities in which they are situated in this way is part of Banks’ long-term policy for ensuring that local people gain tangible, long-term advantages from our presence.
“At a time where escalating fuel costs are making finances very tight for a lot of families, we believe that the Warm Zone scheme that the Losk Lane wind farm would fund would make a real difference for thousands of people.”
Bolsover District Council’s planning committee is expected to consider the Losk Lane planning application before the end of the year.