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A New Phase – Brixton Energy Projects in 2016

Since our most recent completed projects – Brixton Energy Solar 1, Solar 2 and Solar 3 – we’ve focused our attention more inward, strengthening the existing energy co-operatives that we established. Now, with these successful projects under our belt, we are excited to explore new opportunities to develop community energy in Brixton.

Our partner, Repowering London, has been awarded a grant of £125,000 from community business fund ‘Power to Change’, which will support the expansion of community energy in Brixton. Working with Repowering we aim to create social and environmental benefits, as well as an additional source of revenue for the community.

We have identified at least eight future project sites, with a total solar energy generating – capacity of 465kWp, saving roughly 170 tonnes of emitted CO2.

But, apart from solar PV, we are also keen to explore other technologies, such as battery storage, LED street lighting, supply of locally generated electricity, combined heat and power, and anaerobic digestion (AD).

To kick-off, we held an open meeting on Monday 3rd October, 2016, at the Impact Hub in Brixton. Fourteen people attended – from engineers, artists, students, volunteers – eager to learn how they could get involved, and excited to explore these options. Anaerobic digestion (AD) technology was most popular, and we were curious to see how we might work to collect food waste around Brixton Market, and convert it into valuable biogas to generate heat and electricity and fertilizer to be reused by homes and businesses in the local area.

The next event will be on Monday 17th October, where we will discuss the potential for AD technology in Brixton in more detail.

Do come along – all input is welcomed! Help us to develop our future community energy projects in Brixton!

For  more information please get in touch on info@repowering.org.uk.

Repowering and Brixton energy continue to receive recognition

Repowering’s work with local London communities continues to receive recognition from far afield.

The current affairs programme, PM, on BBC Radio 4 recently aired a segment on community renewable energy. Follow the link or click below to listen to an excerpt featuring Repowering:

Christiana Figueres, the Executive Secretary of the UN Framework Convention on Climate Change, praised the Brixton Energy co-ops in her speech at St Paul’s Cathedral on May 17th. Follow the link or click below to see a snippet:

Brixton Energy: good for the environment and for your wallet

We are delighted to announce that Brixton Energy Solar 2 has been successful in its application for the Seed Enterprise Investment Scheme (SEIS). This means that if you are a UK taxpayer you will be able to claim back 50% of your investment as a tax deduction in year one!!

Our focus has always been on the social and environmental benefits of our projects, but it is great to able to offer our co-operative members such a good return on their investment.

Indicative return

3%

dividend per year

50%

tax relief via SEIS in year 1

+ 1%

per year raised for the CEEF

We estimate that the project would provide an average annual return on investment of approximately 3.05% and additionally you will be able to claim a 50% lump sum tax deduction in year one.

Illustrative example

Initial investment: £1,000
Tax relief year 1 (via the SEIS scheme): £500
Dividends over 20 years: £600 (£30 per year * 20 years)
Return of initial investment after 20 years: £1,000
Total returns over 20 years: £2,100
In addition your investment will enable: Contribution to the Community Energy Efficiency Fund: £200

The figures above are for illustration only. We recommend you read the accompanying Share Offer Document.

You can apply for shares now using our online form.

Find out more

If you have more questions about the project why not come along and meet us? Brixton Energy is having a fundraising party for our Solar 2 project tomorrow (Tuesday, 16th October 2012)!

It will be held at the:
Electric Social 40 Acre Lane, London, SW2 5SP
between 7-10pm.

All are welcome. Lovely canapés and drinks will be served:

  • Become a Brixton Energy Co-op member and be a part of it!
  • Hear the story of local residents and people working on the project.
  • Find out how your investment will help the local community.

 

Take control of your energy with Brixton Energy Solar 2

This summer I happened to drive through Brandenburg, Germany. As you descend down from the forests and slate covered houses of Thüringen an amazing vista opens out before you. Fields of solar panels and wind turbines, graceful and benign, part of a nationwide infrastructure that supplies Germany on a good day with up to a third of its electrical needs. It’s not just that they get a little bit more sun, the government gets it.

With the big six energy companies controlling 99% of the electricity market and our government horse blinkered towards nuclear it is hard not to feel a little despondent upon returning home. Then a solution stares you in the face.

Brixton Energy solar 2 launched their share offer! A community owned solar power station for decentralised, democratically controlled, renewable energy in Brixton. The Repowering South London team have done it again and this time proved there is another way that will let us take control of our own energy, make it renewable and do so in a sustainable and replicable fashion!

To find out what it’s all about go to their website. This will be another 45kWp added to Brixton’s renewable energy generation capacity and they have already raised £7,250 of the amount. I have invested in Solar 1, will be investing in Solar 2 and you should too. You can even invest with Brixton Pounds!

If you have some in the bank, put a bit of it on the roof and feel, as you should, damn good about it.