- Our Generation Projects
- Investing in LCG
- Saving Energy
- Generating Energy
Our purpose is to help local communities to reduce energy costs and become more sustainable by reducing their carbon footprint. More specifically we aim to raise funds from the community to enable us to install locally-owned renewable energy systems and use the surplus income from these systems to fund work that reduces people’s energy consumption – for example, by improving home energy efficiency.
Members attending the AGM on 29 September 2017 approved the accounts for 2016/17 including the interest payment to members of 5.5%. They also approved a contribution of £25,000 to the Community Benefit Fund. The Chair's report to the AGM and the minutes can be found HERE.
Share repayment policy
Members who purchased shares to fund the Moorhouse scheme have now held their shares for more than three years which was the minimum period to qualify for EIS tax relief. This means that they can now request repayment for their shares. In light if this the board has recently approved its Share Repayment Policy which seeks to maintain a balance between the wishes and needs of members and the long term financial viability of the Society. More details about the policy can be found HERE
Moorhouse Lane Solar Array generating 3.1% above predicted output.
Our first project at Moorhouse Lane has now been operational since April 2015 and by the end of November 2017 had generated 5,109 MWh of clean renewable electricity and saved over 2,680 tonnes of CO2.
Moorhouse Lane Solar Array consists of 7,176 solar panels with a peak output of 1.83MW capable of generating enough clean electricity to power 500 homes.
Moorhouse array May 2016
Ham Lane Solar Array generating 8.3% above predicted output.
Watch an aerial view HERE
Our second project at Ham Lane has now been operational since the end of November 2015 and by the end of November 2017 had generated 1,898 MWh of clean renewable electricity and saved just under 996 tonnes of CO2.
Ham Lane Solar Array consists of 3588 panels and has a peak output of 915kW. It will generate electricity equivalent to the consumption of 250 homes.
Community Benefit Fund - 2017
Applications for this year's grants are now closed. The Community Benefit Fund Committee (CBFC) administered by Transition Portishead (Reg Charity No. 1164715) has received a wide range of applications which are now being evaluated. Further details will follow when the grants have been awarded.
The grant for the overseas project, which is administered by Low Carbon Gordano, has this year been awarded to a local charity called Mend The Gap who work with a community in Kenya. The grant of £2,500 will be used to provide solar lighting to a village in the Maasai Mara. More details about the work of the charity can be found HERE