Rural Community Energy FundThe Town Council recently received a presentation r...
Submitted by Hayle Town Council on Mon, 11/05/2015 - 15:37.
Rural Community Energy Fund
The Town Council recently received a presentation r... - Rural Community Energy Fund
The Town Council recently received a presentation regarding the Rural Community Energy Fund, which is a government grant that enables rural communities to pay for feasibility studies on renewables projects. It will support communities to develop renewable energy products which provide economic and social benefits to the community. An initial grant of up to £20,000 is available and this can cover technical feasibility, community engagement, legal structures, business planning and financial forecasting. The Council supports the scheme whole heartedly but it requires input from keen individuals/organisations to take forward and is wanting feedback to gauge whether or not there is sufficient support to progress. If there is enough support the Town Council will facilitate a meeting with a representative from the RCEF. So let us know your thoughts and whether or not you are willing to get involved!
Community Renewable Energy
Rural Community Energy Fund
What is community owned renewable energy?
Many communities are realising the benefits of locally owned renewable energy projects, for local benefit. Renewable energy has the ability to reduce energy use, grow the local economy, improve buildings and generate income for important community services. There is funding available at present to fully fund the development costs of community renewable energy projects.
Renewable energy is very good for the local economy. The majority of money spent on energy is lost from the local area, going almost entirely to the big six energy companies who supply our electricity and gas. If instead this money was paid to a local energy company, owned by local people, it could be recycled in the local area. The benefit of this additional injection of local spend would be increased due to the economic multiplier effect, meaning a stronger, healthier local economy.
Locally owned renewable energy also draws money into the local economy, because it attracts payments for the electricity and heat. Renewable technology also has the potential to save local organisations and businesses money by reducing their energy bills.
The renewable energy systems can be installed and maintained by local businesses, helping to grow the local economy, safeguarding jobs and incomes. The technology also has the potential to significantly reduce CO2 emissions and stimulate a reduction in overall energy use.
How does it work?
A community co-op is set up which invites people to buy shares, which raises capital. This capital is used to purchase and install the renewable energy systems. The co-op rents the space for the installations, maintains them and sells the energy to local community organisations or businesses at a discount.
The co-op pays the investors interest and they recoup their investment over time. Any profit can be distributed via a community fund to be used on local projects.
An example of a successful community renewable energy project that members of the Energy Analysis team have worked on is Plymouth Energy Community Renewables. This community owned renewable energy organisation has installed many sets of solar panels on local schools, providing them with cheaper electricity.
At the moment funding is available for community groups to carry out the feasibility and development work necessary for a renewable energy project(s). The fund can be used to cover the technical, financial, governance and community engagement elements needed to progress a project. It is an excellent way of helping communities to kick start and develop renewable projects.
A successful application to the RCEF simply requires a community organisation with a solid idea for a project and a determination to see it through to development. It is about community owned projects, for community benefit.
So if you would like to find out more about community renewable energy projects, or the Rural Community Energy Fund, then please get in touch.
For further information contact Ben Eardley on 07979 344555, by email at ben@energyanalysis.co.uk [Facebook - Hayle Town Council]
The Town Council recently received a presentation regarding the Rural Community Energy Fund, which is a government grant that enables rural communities to pay for feasibility studies on renewables projects. It will support communities to develop renewable energy products which provide economic and social benefits to the community. An initial grant of up to £20,000 is available and this can cover technical feasibility, community engagement, legal structures, business planning and financial forecasting. The Council supports the scheme whole heartedly but it requires input from keen individuals/organisations to take forward and is wanting feedback to gauge whether or not there is sufficient support to progress. If there is enough support the Town Council will facilitate a meeting with a representative from the RCEF. So let us know your thoughts and whether or not you are willing to get involved!
Community Renewable Energy
Rural Community Energy Fund
What is community owned renewable energy?
Many communities are realising the benefits of locally owned renewable energy projects, for local benefit. Renewable energy has the ability to reduce energy use, grow the local economy, improve buildings and generate income for important community services. There is funding available at present to fully fund the development costs of community renewable energy projects.
Renewable energy is very good for the local economy. The majority of money spent on energy is lost from the local area, going almost entirely to the big six energy companies who supply our electricity and gas. If instead this money was paid to a local energy company, owned by local people, it could be recycled in the local area. The benefit of this additional injection of local spend would be increased due to the economic multiplier effect, meaning a stronger, healthier local economy.
Locally owned renewable energy also draws money into the local economy, because it attracts payments for the electricity and heat. Renewable technology also has the potential to save local organisations and businesses money by reducing their energy bills.
The renewable energy systems can be installed and maintained by local businesses, helping to grow the local economy, safeguarding jobs and incomes. The technology also has the potential to significantly reduce CO2 emissions and stimulate a reduction in overall energy use.
How does it work?
A community co-op is set up which invites people to buy shares, which raises capital. This capital is used to purchase and install the renewable energy systems. The co-op rents the space for the installations, maintains them and sells the energy to local community organisations or businesses at a discount.
The co-op pays the investors interest and they recoup their investment over time. Any profit can be distributed via a community fund to be used on local projects.
An example of a successful community renewable energy project that members of the Energy Analysis team have worked on is Plymouth Energy Community Renewables. This community owned renewable energy organisation has installed many sets of solar panels on local schools, providing them with cheaper electricity.
At the moment funding is available for community groups to carry out the feasibility and development work necessary for a renewable energy project(s). The fund can be used to cover the technical, financial, governance and community engagement elements needed to progress a project. It is an excellent way of helping communities to kick start and develop renewable projects.
A successful application to the RCEF simply requires a community organisation with a solid idea for a project and a determination to see it through to development. It is about community owned projects, for community benefit.
So if you would like to find out more about community renewable energy projects, or the Rural Community Energy Fund, then please get in touch.
For further information contact Ben Eardley on 07979 344555, by email at ben@energyanalysis.co.uk [Facebook - Hayle Town Council]
- Hayle Town Council's blog
- Login or register to post comments
- Permalink
Contributions by Hayle Town Council
Title | Updated | Type | |
---|---|---|---|
Marsh Lane Footbridge Refurbishment Works - programmed to commence on Monday 9th May 2016 and should take three weeks to complet | 8 years 13 weeks ago | Blog entry | |
HAYLE PEOPLE PLEASE COMPLETE THIS SURVEY. IT IS IMPORTANT! | 8 years 26 weeks ago | Blog entry | |
Angarrack Flood Plan | 8 years 44 weeks ago | Blog entry | |
HEAT HAYLE OUTDOOR POOL | 2015 | Hayle Town Council | 8 years 48 weeks ago | Book page | |
POSTPONED: Consideration of PA15/04394 | Cranford (Hayle) LLP | Erection of retail development comprising | Hayle Town Council | 9 years 6 weeks ago | Event | |
Rural Community Energy FundThe Town Council recently received a presentation r... | 9 years 11 weeks ago | Blog entry |
Blog entry
Hayle and Angarrack news | Google
- Hayle Runners enjoy outing at Turkey Trot - The Voice
- Hayle Runners enjoy outing at Turkey Trot - The Voice
- People rescued from burning Cornwall house as fire engulfs bedroom - Cornwall Live
- People rescued from burning Cornwall house as fire engulfs bedroom - Cornwall Live
- People rescued from burning Cornwall house as fire engulfs bedroom - Cornwall Live
- People rescued from burning Cornwall house as fire engulfs bedroom - Cornwall Live
- People rescued from burning Cornwall house as fire engulfs bedroom - Cornwall Live
- People rescued from burning Cornwall house as fire engulfs bedroom - Cornwall Live
- People rescued from burning Cornwall house as fire engulfs bedroom - Cornwall Live
- People rescued from burning Cornwall house as fire engulfs bedroom - Cornwall Live
- People rescued from burning Cornwall house as fire engulfs bedroom - Cornwall Live
- People rescued from burning Cornwall house as fire engulfs bedroom - Cornwall Live
Problems within 7km of Hayle | FixMyStreet
Hayle News
- A post from Hayle Town Council
- We visited Jess in the wonderful Mobile Library which was parked up in Loggan’s Way
- Photos from Hayle Town Council's post
- For those of you struggling with pain we have our next pain cafe on Tuesday 3oth July from 1-3pm in the annex next door
- For those of you struggling with pain we have our next pain cafe on Tuesday 3oth July from 1-3pm in the annex next door
- A post from Hayle Town Council
- The Mobile Library van is in Hayle tomorrow from 11am-1pm
Facebook - Hayle Town Council
Facebook - Hayle and St Ives Police
- DO YOU KNOW WHO DID THIS?? Someone has sprayed this terrible graffiti on the wa...
- KEEP YOUR SHED AND GARAGE SAFE!!!! Although here in West Cornwall we live in a r...
- We have been asked to share this post. It serves as a horrific warning about the...
- http://m.westbriton.co.uk/Thieving-neighbour-lives-hell/story-26538405-detail/st...
- Serious RTC A30 Chiverton Cross. Witnesses sought after A30 collision, near T...
- Missing man Andrew Lambert found safe Found in Oxfordshire A man who went miss...