Profits boost at Telford solar farm after first year
A solar farm funded by taxpayers has reportedly made £30,000 more profit than expected in its first year.
The £4 million energy source was built by Telford & Wrekin Council and generates enough energy to power 1,000 homes in one year.
The solar farm at Wheat Leasowes, Hadley, is projected to make an estimated surplus income of £180,000 in the first financial year, which will then contribute to filling the budget gap. It was initially expected to make £150,000.
During its first 12 months, the solar farm has generated 3.96 GWH of green electricity.
Councillor Shaun Davies, Telford & Wrekin Council cabinet member for commercial projects, said: "We're really pleased with the success of the solar farm just 12 months after it was switched on.
"At a time when we need to make £30 million in budget cuts due to cuts to the Government grant, the money raised by the solar farm is very welcome.
"This project has demonstrated our commitment to show community leadership and to be a greener council."
The 15,000-panel solar farm has generated income and power and has helped avoid the production of 2,000 tons of CO2 emissions compared to more traditional electricity production, according to the council.
The solar energy farm is plugged into the National Grid, its 15,000 glittering panels powers around a thousand homes in the borough.
The borough council has made a commitment to move towards a more sustainable financial position to help offset government cuts.
The solar farm project is a part of its strategy to find new ways of generating income that will help to protect frontline services.
It also forms part of the council's wider energy strategy to aid a reduction in its carbon footprint which includes improving energy efficiency and energy generation in council buildings.
