Hammerson Become First Property Company to Win an EDR Funding Pot
17 Apr 2015
Hammerson and DECC are joining forces to deliver electricity savings at peak times.
The only property company to put in a winning bid during the first phase of The Electricity Demand Reduction (EDR) pilot, Hammerson will be carrying out lighting replacement schemes throughout 2015/2016 across three major shopping centres – Bullring Birmingham, Centrale Croydon and Brent Cross London. Provided Hammerson can prove savings of 823kW during the winter peak period, DECC will award £123,450 towards the cost of the improvements.
For more on the EDR pilot visit https://www.gov.uk/electricity-demand-reduction-pilot
The Other Winning Organisations
Hammerson is one of just 18 organisations to secure funding, as DECC agree to support 22 projects across Britain that aim to reduce winter peak demand by at least 1,855,548 kWh, which is equivalent to making over 37 million cups of tea - one for every person in Great Britain over the age of 35!
Other winning bids came from Tata Steel UK, Dixons and Network Rail amongst others, with lighting schemes featuring highly.
The projects submitted by Hammerson offer the greatest saving seen across all winning bids - 823kwh.