Monday, 3 March 2014
New Cross & Deptford meeting to launch Green Energy Co Op.
A New Community Owned Solar Energy Project in South East London
London, UK, February 19th 2014:
Following the success of community owned solar energy projects in Brixton, Brighton, Bath and elsewhere a group of residents is working to set up a not-for-profit solar energy co-operative based in South East London. This will be a cooperatively owned enterprise that generates renewable electricity for use by householders and for sale to the national electricity grid.
The group is planning to offer local people the opportunity to invest in the cooperative. This will enable the purchase and installation solar panels on roofs in SE London. Profit earned by the generation of solar energy and sale of clean electricity will be used to pay a return to investors. What’s more, householders sporting solar panels on their roofs could benefit from free solar electricity or alternatively installation of energy efficiency measures such as draught proofing and insulation.
A founder member of the coop Giovanna Speciale said “This is such an exciting project: it could bring real benefits to householders struggling to pay their electricity bills whilst also reducing carbon emissions. The setting up of a community managed cooperative means financial revenues from the project stay in the local community”
The groups invites all those who would like to get involved in setting up the cooperative or who would like to find out more about investing in it or benefiting from it to come to a public meeting on Sunday 9th March 4 – 5.30pm at the Food Bank, 467 New Cross Road