€2.5m fund targets energy assistance to 10,000 homeowners in Ireland

Robert Besser
16 Mar 2023, 17:40 GMT+10

Ten thousand Irish homes will receive help in paying their energy bills, after Energy provider SSE Airtricity announced that it will donate €2.5 million to EnergyCloud Ireland as assistance.
The money is to be used by homeowners to install smart technology that taps into surplus renewable energy, which would be otherwise wasted, to operate home water heaters for free.
Qualifying homes need to spend at least ten percent of their net incomes on energy, excluding motor fuel.

DUBLIN, Ireland: Ten thousand Irish homes will receive help in paying their energy bills, after Energy provider SSE Airtricity announced that it will donate €2.5 million to EnergyCloud Ireland as assistance.

The money is to be used by homeowners to install smart technology that taps into surplus renewable energy, which would be otherwise wasted, to operate home water heaters for free.

Qualifying homes need to spend at least ten percent of their net incomes on energy, excluding motor fuel.

This donation from SSE Airtricity follows its earlier announcement to forego profits this financial year and instead invest in programs that assist customers throughout Ireland who are being harmed by the ongoing cost-of-living crisis.

"SSE Airtricity has been working with EnergyCloud since its foundation, recognizing the innovative role that it plays in supporting fuel-poor households," said Klair Neenan, Managing Director of SSE Airtricity, as quoted by the Irish Mirror.

Speaking on behalf of

EnergyCloud Ireland, Chairperson Gabriel D'Arcy, added, "This is a very significant commitment from SSE Airtricity and is reflective of the leadership shown by the company in rolling out the original EnergyCloud pilot project with Cluid Housing."

Watch latest videos

News RELEASES

Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to Germany Sun.

More Information

11 ℃

Mostly Cloudy in Berlin

Europe Business

Section

Financing official: expect more banks to close

LONDON, England: During a Bloomberg conference held in London this week, Luke Ellis, CEO of hedge fund Man Group, said ...

Demand for US flights to Europe jumps 37%, prices also rise

LONDON, England: Despite rising air fares, a potential global economic recession and risks of gridlock at some airports in Europe ...

Mercedes modernizing EV plants in China, Germany, Hungary,

FRANKFURT, Germany: The German Automobilwoche magazine has reported that as part of its efforts to switch to selling electric vehicles ...

Catering to unique requirements of Indian startups at Gujarat's Gift City: Bank of Baroda

Mumbai (Maharashtra) [India], March 25 (ANI): State-owned Bank of Baroda announced that it is providing a range of solutions to ...

UN's Guterres Brings Climate Warning to EU Summit

U.N. Secretary-General Antonio Guterres brought an urgent climate message to the European Union summit Thursday in Brussels, encouraging leaders of ...

Bosnia's Serb Region Moves to Criminalize Defamation Despite Protests

Bosnia's autonomous Serb Republic has moved towards criminalizing acts of defamation and insult despite international criticism and protests by journalists ...