AN ANDOVER-based business has installed more than 100 solar panels to 'boost its green credentials'.

Portway Domestic Appliances (PDA), which has its headquarters in Central Way, Andover, has installed 144 solar panels on the roof of its warehouse and retail space in a bid to be more environmentally friendly.

The company says the investment, which was supported by a £45,000 loan from Lloyds Bank, will allow it to save 11 tonnes of carbon per year and reduce its energy costs by more than £10,000 annually.

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Chairman Jack White said: “Managing rising energy costs has been one of the top priorities for suppliers over a number of years now.

"In our case, the warehouse is a primary source of power demand, so we needed to create a strategy that would strike a balance between keeping our operating costs down and remaining competitive in the market.

“Investing in on-site renewable power supply has been a huge step in the right direction for our continued growth and ongoing journey towards net zero.

"Now we’re in a position where we’ve slashed our reliance on the grid, and we can explore new routes to going green and create more resilience for any future economic challenges”.

The family-owned firm was founded in 1989 and now serves 1,200 customers nationwide.

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Laura Willoughby, relationship manager at Lloyds Bank, said: "Portway Domestic Appliances is a perfect example of a business that’s not just tackling a challenge head on, but showcasing how suppliers can remain innovative and move forward.

"Net zero is a great opportunity for firms in the South East to reset and address how they can take advantage of the growing green economy whilst creating new efficiencies.

“We’re proud to be supporting a local business like Portway Domestic Appliances who are setting the net zero bar high for other firms across the south.”