Investment in a local energy company could see over £300,000 pa in revenue for the Isle of Wight council (from year five), as well as, potentially, call centre and support staff jobs being created.
When this reader heard the Isle of Wight council planned to invest in a local energy company he took time to research other similar schemes across the country. His research raises valid questions that councillors may need to consider before going ahead with the scheme.
Thousands of Isle of Wight homes have had improvements implemented to their homes since the start of scheme to reduce the amount of energy required to heat properties.