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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.”
The truth about house prices
We are constantly bombarded with, often conflicting, information regarding house prices. Paula John provides a round-up of the major indices, explaining why they differ.
The September/October issue of Your Mortgage is on sale now. In it we look at how far you can – and should - go when arranging a mortgage online; the help available for first-time buyers from lenders, family and the government; we explain the advantages of using a good adviser and how to find one, and why buying a brand new property can be kind to your wallet and your nerves. 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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