There have been a number of successful share offers for investment in Solar PV projects:

1. Ovesco in Lewes raised £307,000 to fund a 98 kWp installation on a brewery roof. Investors were offered a 4% return on their investment starting in Year 3, with additional profits invested in other community projects.

2. Low Carbon Oxford North raised £145,000 for a 50 kWp system on a school roof in Oxford. They offered between 3 and 4.2% return to investors, with aditional profits invested in community projects.

3. Green Energy Nayland raised £47,600 for a 15.54 kWp installation on a Primary school in Nayland, Suffolk. They predict a 10.2% return to investors, with no money invested in the community.

We know of a number of similiar share offers that will be launched in Spetember. Please contact us for further details.

Income for projects comes from the Feed in Tariff and also from the sale of excess electricity. The Feed in Tariff is inflation linked and adjusted accordingly every year.

The income is used for several primary purposes:

• to pay interest to members

• to accumulate a fund for future repayment of members’ outstanding money in full, and

• to cover the cost of administering the project.

• to reinvest in other community projects.