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Backing for £505m Homes as Power Stations project

Source: https://www.insidermedia.com/

The UK and Welsh Governments have approved the £505m Swansea Bay City Deal’s Homes as Power Stations project.Homes as Power Stations will facilitate the take up of energy efficient design and technologies in 1,000s of homes throughout South West Wales.Residents and businesses in Carmarthenshire, Neath Port Talbot, Pembrokeshire and Swansea are set to benefit.Led by Neath Port Talbot Council, the project will help people save money on their energy bills; contribute to cutting carbon emissions in the Swansea Bay City Region; improve health and well-being; and benefit regional supply chain businesses.Working with Registered Social Landlords, private developers and other partners, the project will use energy efficient design and technologies to retrofit 7,000 homes throughout the City Region as part of the project, with a further 3,300 new build homes also set to benefit.The green light from both governments means Homes as Power Stations can now start drawing down on a £15m Swansea Bay City Deal investment.The Homes as Power Stations project is aligned to several other City Deal projects, including digital infrastructure, skills and talent, and supporting innovation and low carbon growth. The project is also aligned to the work of the Active Building Centre at Swansea University, which is the UK centre of excellence for transforming construction, and it builds upon the Active Buildings design concept pioneered by Swansea University’s SPECIFIC Innovation and Knowledge Centre.