Green Isle of Wight CIC has been awarded £450,000 from the Ofgem Energy Redress Scheme to deliver an ambitious new project: Vectis Community Energy’s Virtual Island Battery Ecosystem.
Vectis Community Energy will install between 100 and 200 smart batteries in homes, schools, and small businesses across the Island. These batteries will store electricity when it is cheaper or cleaner and release it at peak times – helping households cut their bills, lowering carbon emissions, and reducing pressure on the national grid.
Saving £400-£450 per year on energy bills
Participating households are expected to save £400-£450 per year on their energy bills, with even greater benefits for those combining batteries with solar power. Collectively, the project could cut 400-700 tonnes of carbon emissions every year.
Unlike commercial schemes run by large energy companies, Vectis Community Energy will be community-owned and community-led. Islanders will be able to invest through a community share offer, keeping decision-making and financial returns local.
Free or reduced cost
Many households – particularly those in vulnerable situations – will be offered batteries free or at a reduced cost, ensuring fairness and inclusivity.
The two-year project will be delivered by Green Isle of Wight CIC in partnership with the Centre for Energy Equality, supported by a wide programme of community engagement events, school sessions, and household assessments.
Ayling: Proud to be supporting this initiative
Graham Ayling, Senior Project Manager for the Energy Redress Scheme at Energy Saving Trust, said,
“We’re proud to be supporting this initiative through the Energy Redress Scheme and to see the positive impact it will have on households across the Isle of Wight.
“The project highlights the importance of involving everyone to ensure a just transition to net zero.”
Beaney: This funding is a game-changer
Lisa Beaney, Managing Director at Green Isle of Wight CIC, said,
“This funding is a game-changer for the Island. Vectis Energy will help local families save money and take control of their energy future.
“Most importantly, it shows that the transition to clean energy can be fair, inclusive, and community owned.”
Register your interest
The project begins in November 2025, with public engagement events rolling out across the Island in the coming months.
To register your interest and take part in the project visit the website.
News shared by Lisa on behalf Vectis Community Energy. Ed
