Community Energy Cumbria

Community Energy Cumbria does what it says on the tin. In July 2015 we launched an investment opportunity into two renewable energy schemes, both 100% community owned – a hydro electric scheme (off Killington Reservoir) and a solar pv array (off the HQ of the Lake District National Park).  The projects are projected to pay an average of 5% interest per annum over 20 years, as well as having the potential to attract 30%-50% tax relief on your initial investment. We also expect to reinvest over £45,000 in local environmental and community projects. The share offers aims to raise £305,000 by September 1st 2015, with £250 as a minimum investment and £50,000 as a maximum. We want to ensure that communities in Cumbria benefit from renewable energy generation which is sensitive and which use local businesses to install and manage the projects. For more information, a 2 minute introductory video and an application form, go to http://www.communityenergycumbria.org.uk/