Members of the community group Transition Leicester are celebrating today after being awarded £30,000 of grant funding to develop a new community energy cooperative for Leicester and Leicestershire.
The funding, secured from the Government’s Department of Energy and Climate Change, will be used to identify local installation sites for solar electric panels and woodchip boilers, and to set up a community-run organisation to deliver local projects to cut fuel bills and generate renewable energy.
The new company will enable local residents, community groups and businesses to invest in local energy provision, by buying shares to fund new renewable energy installations. The organisation will be volunteer-led and run for community benefit, with any profits being paid as a dividend for local investors, or reinvested in local energy saving schemes. The cooperative will be launched at the Green Light festival in Leicester on Saturday March 31st.
The coop has been initiated by local volunteers from Transition Leicester, who are working with renewable energy experts from Sharenergy and Run by the Sun Ltd.
Sam Woods said: “The new coop is great news for organisations that would love to install renewable energy but can’t meet the upfront costs, and for anyone that would like to invest in a positive and sustainable future for their local area.”
The project team are asking local organisations to get in touch if their premises could be suitable for investment in solar PV and woodchip boilers. The team are looking for buildings with large south-facing roofs, or premises in off-gas areas spending more than £5000 a year on heating bills.
For further information or to discuss possible installation sites, contact Samantha Woods on sam AT samanthawoods.wanadoo.co.uk or 07890 587 611.
notes for editors
- Press contact Samantha Woods: email@example.com; 07890 587 611
- Transition Leicester is a network of local people taking practical action to make Leicester into a thriving resilient and low-carbon city. www.transitionleicester.org.uk
- Green Light festival will take place on Saturday March 31st at the Queens Building, Mill Lane, De Montfort University Campus LE2 7DR. www.greenlightfestival.org
- Grant funding was awarded through DECC’s LEAF programme. www.greencommunitiescc.org.uk