Save energy and money with the new Camden Climate Fund

A new fund to help with the costs of installing renewable energy systems and make energy efficiency improvements to homes, businesses and community spaces has been launched by Camden Council (October 27th).The Camden Climate Fund consists of three different grants: households, community energy and business and is financed by Camden’s carbon offset payments, which are collected through the planning system when developments in Camden fall short of the Mayor of London’s carbon targets.The household grant offers up to £7,500 to support residents and landlords install a range of renewable and energy efficiency measures to help reduce bills, improve energy efficiency and cut associated carbon emissions.The community energy grant offers up to £15,000 for community energy groups to install and manage renewable energy systems that generate energy for the benefit of the local community in some form. This could be, for example, solar panels on a building such as a community centre or school.The business grant offers up to £5,000 towards the installation costs of renewable technologies and/or energy efficiency improvements. Such measures include solar panels, lighting and heating upgrades.Successful applicants are required to match fund 50 percent of costs, plus any additional amount over the maximum allowance. The 50 percent funding contribution is not required for households classified as ‘fuel poor’.