by mikesmckeown | Jun 10, 2022
How will income and savings be generated for the community? There are three main ways community energy returns money to the community: Profit: Any profit it makes from selling the electricity, after paying back the loans and other operating costs, can be returned to...
by mikesmckeown | Jun 10, 2022
Are we creating an energy company that could go bust? We aren’t creating an energy company that sells to consumers, which is subject to the price cap mechanism that has caused a lot of energy companies to go bust over the last couple of years. Any selling of...
by mikesmckeown | Jun 5, 2022
Will I have to contribute to the funding? No, although you can invest if you wish. We will need to raise money for the feasibility study and may ask for voluntary contributions as well as seek government funding. The main funding will be via a community share offer,...