Town of Lyon is inviting residents to put money into photo voltaic panels on 12 public buildings, which it says will give them a return on their funding increased than France’s well-known ‘Livret A’ financial savings account.
The mayor’s workplace supplied residents 12 roofs and invited prepared traders and locals to assist finance and construct the mission.
The mayoral deputy for ecology, Sylvain Godineau, stated that the scheme might have an curiosity in schooling in addition to an setting.
He informed FranceInfo: “These photo voltaic roofs will permit us to carry instructional workshops, to clarify to kids. It additionally provides dad and mom the chance to put money into the roof in the event that they just like the mission. It creates a direct connection between a toddler, their household, and college they go to daily.”
The scheme will hire the roofs to particular person or collective traders. They obtain a return on their funding by promoting the power produced.
Mr Godineau stated the scheme can be a type of “citizen funding” which might be “a bit extra worthwhile funding than Livret A lately”.
Be part of a citizen photo voltaic mission!
The Metropolis of Lyon has supplied 12 roofs of buildings to put in solar energy crops financed by residents’ financial savings. Accompanied by @coopawatt, making native and moral investments. https://t.co/9yVMoWG25r pic.twitter.com/d2Z71d2ZjJ— Metropolis of Lyon (@villedelyon) January 10, 2023
The regulated French Livret A financial savings account will supply an rate of interest of three% from February 1.
Learn extra: A tax-free French financial savings account is open to everybody with a 3% rate of interest
Timothée Romier, from the Coopawatt affiliation, says that the initiative “can be a method to management the environmental transition, and create a brand new hyperlink between the manufacturing of renewable power and the mastery of its manufacturing within the nation”.
Associated articles
Is our income from selling solar panel power at home taxable in France?
Solar panels on French property: how to generate your own electricity
Easy-to-fit French solar panels can cut electricity bills by €30 per month
