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Ultra-energy efficient lighting could transform Britain's homes and energy use with a new Government initiative to encourage innovation and research in the lighting industry.
A £1.2m research fund from the Technology Strategy Board and the Department for Environment, Food and Rural Affairs (DEFRA) aims to help companies become market leaders in the best ultra energy-efficient lighting, while contributing to reduced energy consumption in our homes.
Businesses will be invited to compete for contracts through a Small Business Research Initiative (SBRI) competition, which will be run in two phases. In the first phase, companies will be awarded up to £40,000 to carry out technical feasibility studies, lasting up to three months.
In the second phase, proposals with the most promising technologies will receive up to £450,000 to develop and evaluate prototypes or demonstration units, which will then be subjected to a vigorous six-month field trial.
Environment minister Dan Norris said: “Moving towards a more sustainable, low carbon and resource efficient future is vital for our environment, but also offers great opportunities for economic growth and job creation. This exciting competition could bring enormous benefits both for British businesses and for consumers.
“The more efficient lighting is, the more money consumers save on energy bills and the economy will benefit from new jobs and new manufacturing helping Britain to lead the global market for low carbon technologies.”
Rob Davies explains how best to use the Internet to get a good mortgage deal
The March/April 2010 issue of Your Mortgage is on sale now. In it we look at the pros and cons of Mortgage Payment Protection Insurance; we list the 10 golden rules that every first-time buyer should know; weigh up the relative merits of fixed rates and tracker mortgages and explain how equity release schemes can help older homeowners. Get your copy for the latest news, information and help.
The Your Mortgage Awards aim to reward those lenders that have excelled in providing innovative and competitive products. Widely regarded as the UK's definitive consumer mortgage awards, the Your Mortgage Awards have now been running for 20 years.





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