Brighton Energy Coop recently kicked off our latest community-funded solar PV installation – at Park Gate in Hove. The framing system is currently going onto the roof; we hope to have the panels on by the end of next week. Park Gate is a block of 40 flats in Hove; residents voted overwhelmingly to host a Brighton Energy Coop system in mid summer. When finished the 100kWp will supply electricity to the communal energy supply.
I’m also pleased to tell you that our second local site will be the factory of Price and Co in Portslade. Overlooked by one of our first installations – City Coast Church – Price and Co is a big electricity user and will use all the electricity generated on site. This installation will be a 100kWp east-west facing system – it’s great to have our second industrial landlord on board.
We will announce several other new sites in the next few weeks – watch this space!
Many thanks to those of you who have joined recently – we have now raised £255,000 since the launch of our most recent share offer, including £55,000 in the last five days. This is fantastic news and I’m very proud to be part of the groundswell of people showing their support for community-owned renewables.
If you’re considering investing have a look here. We offer 5% interest plus a 30% tax rebate on your investment.
Don’t forget that the government is closing the EIS scheme at the end of the month (see the video here). To gain this 30% tax break you’ll need to sign up before then.
Finally, we also recently launched our community fund. The aim of the fund is to support either renewable electricity generation or to implement energy efficiency measures, as has been our intention for BEC since we began. If you know someone or an organisation that might be interested in applying then feel free to share this link with them – http://www.brightonenergy.org.uk/community-fund/