GBE wants to pay £200 million for school solar panels – where is Watt?

No one knows

Paul Homewood

Miliband also announced that he would spend £200 million on solar panels in schools and hospitals:

Hundreds of schools, NHS UK trusts and communities will benefit from new rooftop solar and renewable schemes to save their energy bills, thanks to the total investments in the UK government and Greater UK Energy.

In England, about £80 million of funds will support about 200 schools, and £100 million of funds will be nearly £200 NHS Website, covering one-third NHS Trusts, installs rooftop solar panels that can power classrooms and operations, and has the potential to sell the remaining energy back to the grid. It is expected that by the end of summer 2025, the first group will be in schools and hospitals, saving money for schools for the next school year.

The first investment in UK energy could bring millions back to frontline services, aiming for impoverished areas and saving a lifetime for schools and schools NHS The highest is £400 million in about 30 years.

Estimates show that on average a typical school can save up to £25,000 a year, while the average NHS If their annual energy bills save up to £45,000 a year, if they have solar panels that install complementary technologies such as batteries.

https://www.gov.uk/government/news/great-british-energy-to-cut-cut-bills-for———– for-hospitals-and-Schools

Miliband boasted that school budgets will be improved due to these savings. However, it's a hand – using taxpayer money only in GBE to pay some school fees instead of allocating it to the Ministry of Education.

The obvious question is – if solar panels are so cost-effective, why don't schools pay for their own budgets?

The answer is equally obvious – as Miliband's own press release acknowledged, they are not cost-effective. Please note this sentence:

“For the school and NHS Up to £400 million in about 30 years. ”

But solar panels won't last for 30 years or something like that. If you are lucky, they may last halfway until they become responsible.

For more than 15 years, they will only try to repay the original investment without having to mind making up for financial costs. DESNZ savings are also based on cutting energy bills, but they don't seem to have any cargo in maintenance costs, which will eat up these. No business would consider wasting so much money in this way.

Overall, it seems like taxpayers don't seem to pay their money back at all.

What is it all for? Solar panels will inevitably be made in China, and coal is used to make their carbon footprint.

When GBE was first established, we were guaranteed to make money soon. But what should they do when they distribute £200 million without any obligation to repay?

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