Energise Sussex Coast and East Sussex College are delighted announce the launch of the 1066 community energy offer.
You are invited to join us for the launch event on 13 December 2018, 5:30–7:30pm at East Sussex College, Station Plaza.
This is the first community energy investment offer in Hastings. Energise Sussex Coast, in partnership with Brighton Energy Coop, are raising £180,000 through community shares to fund 250 kilowatts of solar panels (roughly 1066 panels as it happens) on East Sussex College. The college will save roughly £4250 per year on its energy bills.
The offer is open to anyone but we are especially keen to invite as many local residents, local businesses and community organisations as possible to invest in the future of the college and Hastings.
With the transformation of the energy market underway we hope that excess power generated during weekends and holiday periods can be sold to local residents in the Ore Valley at affordable prices.
By investing in 1066 community energy you are supporting the transition to low carbon energy and a fairer energy future and will receive a reasonable return on your investment.
We hope that you will join us to find out more about the 1066 community energy offer and hear about the transformative potential of community energy.
The scheme is administered by our partners at the Brighton Energy Co-op (BEC) who have a track record of success. To date BEC has raised £ 1.9 million for investment in 29 community energy projects and pay their investors 5% interest on their investment. By investing in the 1066 Local Energy Shares you will become a voting member of Brighton Energy Co-op.
More information on Brighton Energy Cooperative