Issue - meetings

To consider a joint report of the Executive Councillors (Communities) and (Finance)

The Executive Councillor (Communities) submitted a report (copies of which had been circulated) inviting the Executive to consider a proposal for the installation of Solar Photovoltaic (PV) Panels on Council houses and properties to be funded through prudential borrowing financed from the feed in tariffs (‘FiT’) available from the Government. The report set out the benefits of the proposal to the borough in lowering energy consumption and carbon footprints of Council properties and houses, as well as identifying potential risks.

RESOLVED – That, in relation to the proposal to install solar PV panels on Council houses and properties:-

• the work already undertaken to progress this proposal be noted and the gratitude be recorded for the work of officers in preparing the proposal;

• in order to benefit from ‘FiT’ funding, it be noted that all installations must be completed before March 2012;

• the use of prudential borrowing of up to £9.5m to finance the project be authorised and that approval be given to the installation of the Solar PV Panels to Council house and properties as set out in the report;

• the option of a framework for schools be investigated;

• the options for the joint procurement of the panels with Stockport Homes will be developed to ensure maximum value for money be noted;

• authority be delegated to the Corporate Director for Corporate & Support Services, in consultation with the Executive Councillor (Finance), to determine the Council properties to be fitted with solar PV panels and the actual level of borrowing to be undertaken.