Join BEC: your Investment in Brighton Energy Coop Makes it all Happen
Brighton Energy Co-op has already completed 3 new solar arrays this year, and it’s all down to your decision to invest in our projects. By investing in Brighton Energy Coop you’ll become a member; members receive 5% interest on their investment and all monies go to creating new solar in our area.
We have plenty of new projects in the pipeline – if you’re interested in joining BEC then please enter your email here and we’ll keep you updated when our new projects come online.
Meanwhile, check out our share invitation for more details about what it means to become a BEC member.
People like you make it all happen.
About Community energy investment
Community energy investment has become an attractive destination for ethical investments in green energy. Energy Coop members help build new solar systems which – alongside generating tons of clean energy – help host buildings reduce their energy bills.
Investment in Brighton Energy Coop therefore not only helps to cultivate new solar energy, it also helps to build a culture that supports green energy technology.
So BEC investments generate several outputs: interest to members, energy efficiency measures, fuel poverty initiates – or simply helping other groups install new renewable energy via our community fund.
About Solar investment
Solar investment is a reliable, long-term ethical investment. Any solar investment has a positive impact, but these choice of solar investment ranges from solar farm investment through to community energy organisations like Brighton Energy Coop. Most work in a similar way, although the community energy businesses has a unique organisational structure that emphasises community benefits.
Typically, solar investment is based on government subsidies: the Feed in tariff for small systems, and the Renewable obligation certificate for solar farm investments.
These subsidies mean that as long as the solar system is operating, solar investments are a reliable way of generating income for an organisation.
Solar investment funds
This predictability makes solar investment funds popular with the City of London. City investors – like pension funds – look for safe, reliable places to put their money. In 2012, for example, Lancashire County Council Pension Fund invested £8 million in community energy group in Westmill in Oxfordshire. Other pension funds invest in more commercially-minded solar setups.
Solar investments funds cluster projects into so-called ‘special purpose’ vehicles ‘ i.e. one company that owns a group of seperate solar energy systems.
NextEnergy, for example, is an AIM-listed solar farm investment fund that owns a portfolio of solar farms strung across the country. Becuase revenue into the fund is the collective total of a variety of different solar farms (more than 30) then if one solar farm has operational problems, then the amount of cash the organisation brings in is not hugely affected.
Solar investment and community energy
Community Energy groups often adopt a similar portfolio approach. Brighton Energy Coop, for example, has more than 25 solar systems, so a problem at one system does not largely effect the performance of the whole organisation.
So as the organisation grows the ‘revenue risk’ gets less. We see this as a responsible approach to manage the money that our members invest with us.