Housing Associations have two concerns in 2016: Fuel poverty and the government’s 1% rent reduction starting in April.
Minus7 provides renewable heating and hot water at minimal running costs, allowing landlords to charge a reduced price for heat and use that income to offset the Government’s 1% rent reduction.
Eradicating fuel poverty in Poole:
UK Poole Housing Partnership’s development at Old Farm Road is a great example in practice. A fuel-poor household is one that needs to spend more than 10% of its income on fuel to heat the home; The Minus7 system in this pair of 3 bedroom terraced houses has enabled residents to have heating and hot water for less than £200 a year.
As Mike Harrison, PHP Technical Director notes “It is absolutely critical that I have social housing with the lowest energy running costs available. We chose the Minus7 system due to its 24-hour high efficiency capabilities. It has minimal requirements and the efficiency of the system since installation has been impressive.”
‘Top 60 developments awards – Inside Housing 2015’:
The Old Farm Road development has also drawn attention further afield, being highlighted as one of the Top 60 most innovative developments in the UK in 2015. Minus7 was noted particularly for aligning sophisticated design options with practical solutions. Unlike many other renewable technologies, the tenant has not noticed anything different about the way the heating system works as a standard timer and thermostat control it. PHP have been so impressed that they have now signed a contract to build a further four apartments with Minus7 and C G Fry and are now looking towards much bigger projects in 2016/17.
For social landlords the affordability of housing in both energy and rental is essential. The income generated from rent is usually used to maintain the property and allows development to continue. The cuts in rental income that takes effect from April will raise serious questions for housing associations’ cash flow. By increasing tenant’s disposable income through cheaper fuel bills, landlords can secure rental income and allow a revenue contribution for energy sales.
The Home and Community Agency will be asking registered providers for assurances of how the risk to rental income will be managed over the next 4 years. Using Minus7’s technology for new developments makes this assurance easier to give, particularly with the launch of Minus7’s latest technological development launching in March 2016.
How does it work?
The Minus7 technology is made up of 3 parts: A responsive energy collecting roof, a solar energy processor (SEP) and thermal storage tanks. The energy from the roof is processed by the SEP and moved to the thermal stores. The stores work as a battery for the heating and hot water needs of the building. A water-to-water heat pump within the SEP upgrades the heat in the thermal stores if and when required. Already designed to harvest thermal energy day and night at temperatures as low as Minus 7 degrees Celsius, the latest innovation will go even further.
Zero net carbon; zero net running costs by design:
Minus7 have recently obtained funding to expand the core team to 15 employees and create the next generation of the technology. This will be demonstrated at the EcoBuild exhibition at the ExCel Centre in London from 8th – 10th March 2016 and offers a zero net carbon solution with zero net running costs, by design.
Visit Minus7 at Stand #E1240 at EcoBuild, ExCel London – 8/9/10th March 2016 for the unveiling of our latest heating revolution offering Net Zero running costs and ZERO net carbon by design.