CLYDEBANK Housing Association is aiming to cut fuel poverty for residents and reduce carbon emissions thanks to green technology and support from CAF Bank.
Clydebank HA provides affordable housing to residents in West Dunbartonshire. By connecting its Dumbarton Road properties to the Queens Quay’s District Heating Network, the network generates clean, sustainable heating directly from the River Clyde through water source heat pump technology.
To help fund the £1.2 million network connection, Clydebank HA secured £605,000 through a CAF Bank Green Loan, which helps finance sustainable projects. The loan is in addition to funds from the Scottish Government’s Social Housing Net Zero Heat Fund.
Research carried out by Clydebank Housing Association found that an average monthly heating bill for one of Clydebank’s 45 Dumbarton Road residencies dropped from approximately £300 to just £31.25 after connecting to the network.
Sinéad Farrell, Clydebank Housing Association customer & corporate services manager, said, “With the support of the Green Loan, we have given these tenants the ability to control their usage and lower bills and helped the association meet property quality standards and keep this stock desirable.”
CAF Bank’s relationship director for Scotland, Fraser McKay, added, “The opportunity to fund 45 homes to be added to the district heating system was an ideal fit for the CAF Bank Green Loan. Clydebank’s involvement with the district heating network has allowed them the opportunity to lift some tenants out of potential fuel poverty and allowed them to provide additional support to their tenants.”
