21 Dec 2016
The last twelve months have witnessed incredible expansion and change here at BHESCo. Our team has doubled in size compared to this time last year, prompting a recent relocation to a larger office space within the Brighton Eco Centre. We raised £270,000, which we continue to plough into new community energy projects.
We have completed eight clean energy projects this year, including our largest project to date at the Montessori Place school in Uckfield.
Our Energy Saving Service that was launched in January 2016 has now completed over 200 domestic and commercial energy surveys. We are now authorised to issue Energy Performance Certificates (EPC) and our application for a consumer credit licence was approved by the FCA.
It is always nice to be recognised for the work we do and we were humbled to receive several awards for our work in the community, which included a day out at the Houses of Parliament.
Being a relatively small team, there is no way we could possibly have achieved so much this year without the invaluable contributions of our many dedicated volunteers, and of course without the belief and community spirit of our members. Thank you everyone who has helped make BHESCo’s dream a reality – we wish you all a wonderful Christmas, and look forward to reporting again soon on the exciting new projects and programmes we have lined up for 2017!
26 Sep 2016
2016 Annual General Meeting of Brighton & Hove Energy Services Co-operative Ltd
BHESCO are delighted to announce that we will be holding our second Annual General Meeting (AGM) on Thursday 29th September 2016 at Wagner Hall in Brighton (click for map).
The business of the evening will include:
- The receipt of the accounts and balance sheet and of the reports of the Board.
- The appointment of an Auditor, if required.
- The election of the Board.
- The application of profits.
- Decide on the distribution of interest to members.
After the meeting there will be a social event with canapés and soft drinks where we will hear from Liz Whitehead of Fabrica art gallery on the relationship between art and the environment, Paul Pillai from Montessori Place about working with BHESCO, and Mark Kenber from Mongoose Energy on how community energy is changing the UK’s energy supply market.
All are welcome – we’d love to see you there!
22 Dec 2015
As an amazing year for BHESCo draws to a close, we wanted to take a moment to share some of our proudest successes of the past 12 months, and to look ahead at all we can expect from 2016.
This year, we launched our first ever Share Offer in June, raising nearly £170,000 of investment from our new members. This gave us the tools we need to help local businesses and residents develop renewable energy projects around Brighton and Hove, like solar PV and biomass, as well as investing in energy saving measures like insulation, LED lighting and double-glazing.
With our first wave of projects nearly complete, we now have a number of exciting new projects ready to begin in 2016. Before we tell you about what’s to come, let’s take a quick look back at some of our highlights from this year.
Through BHESCo’s innovative ‘Pay As You Save’ model, we helped this local wood pulp to paper production company to install a biomass boiler on their premises which now provides 100% of heat needs to the manufacturing plant, offices, cottage, and studio. Whilst helping the customer to enjoy an immediate drop in fuel bills for no up front cost, the biomass boiler (which is powered by wood-pellets) also helps to offset the equivalent of 503 tonnes of carbon dioxide each year. We partnered with ‘A Greener Alternative‘ to help us deliver this project.
We are currently installing a 4kW solar PV panel array for Netfuse, which will help save money on electricity bills as well as lowering the company’s carbon footprint. To increase the energy efficiency of the building, BHESCo has engaged Organic Roofs to install a green roof, will install secondary glazing on the windows, and replace all the lights with highly efficient LEDs. The LED are guaranteed to provide office quality lighting for five years.
Solar For Homes, Whitehawk & Moulsecomb
In a joint project with Brighton and Hove City Council and Joju Solar, BHESCo went to the community to support the installation of free solar panels for 25 Council owned properties around the Whitehawk and Moulsecomb areas. While helping to save tenants up to £130 each year on their energy bills (at least 2 months for free for the next 25 years ), we anticipate carbon savings of just over 40 tonnes every year of CO2 equivalent.
The Werks, 45 Church Road, Brighton
The Werks on Church Road is a collaborative work hub for the digital creatives. BHESCo replaced an obsolete, flourescent tube lighting design with a high efficiency LED system. The project was complex, as customer an occupants had their own requirements and preferences. We completed the project to the customer’s satisfaction. We also installed motion sensors to improve energy savings. Annually, Werks Group save over 4200kg CO2 equivalent .
NEW PROJECTS for 2016
Food Waste To Community Energy
In October BHESCo announced to the residents of Hangleton and Knoll our plan to develop an Anaerobic Digester in the area, which would see local food waste diverted from landfill and incineration to be used to create clean renewable energy. We ran two information days and had a great turn out with people showing lots of support. We also heard from residents who had concerns around noise, smell, traffic and the visual impact, and we discussed ways that we will limit these impacts through technology and due care.
This month, working with Brighton Paper Round we have started contacting organisations that produce food waste (including restaurants, hotels, hospitals, schools, care homes, and many others) asking them to commit to separating and recycling their food waste through our scheme. Not only will this divert useful food waste from landfill and create locally produced clean energy but it also makes great financial sense. According to a study conducted by Brighton Paper Round, organisations shifting their food waste from the general waste increase will see a drop in the costs for the collection and disposal of up to 40%.
It’s another win win win created by BHESCo! If you know of, or are part of, an organisation that may be interested in signing up to our food waste collection then get in contact today to find out how we can help to lower your environmental impact, reduce your waste disposal costs and create low cost energy for the community.
BHESCo To Launch New Home Visit Service
We are delighted to announce that we will be launching a new home energy assessment service from January 2016. We aim to provide an affordable and impartial service which enables everyone in the community to receive a complete home energy assessment tailored to their circumstances.
Our friendly and professional Home Energy Advisors will arrange to visit your home to identify how you could save money and stay warm in the winter months. They will also be on hand to provide impartial energy supplier switching advice and can advise on whether you may be eligible for available benefits or grants towards your energy bills.
BHESCo would like show our enormous appreciation to everyone who has invested in the co-operative, or has worked alongside us on our various projects, or has volunteered some of their time to help us along our way. The Co-operative really is more than the sum of its parts and we could not have enjoyed such a fantastic 2015 without the support of you all.
So thank you,
Merry Christmas and a Happy New Year!
BHESCo is hosting an event to give you more information about our Co-operative, what we have accomplished so far, the renewable energy and energy efficiency projects we are investing in, our innovative business model and most importantly – how you can participate.
Be the Change You Want to See in This World
4 June 2015, 6pm – 9pm
Brighthelm Centre, North Road, BN1 1YD
BHESCo is an ethical, not for profit social enterprise aiming to become a community owned energy supplier. Our business model helps to lower energy prices sustainably. Pop in to our event, meet the Board of Directors of the Co-operative, learn more about how you can earn up to 10 times what you are currently earning on your savings by investing in a Co-operative that will pave the way for energy groups across the country.
THIS IS A FREE EVENT
02 May 2015
Brighton and Hove Energy Saving Co-operative (BHESCO) launched its bid to raise £1M to fund up to 10 community renewable energy and energy efficiency projects in Sussex.
When people put money into the co-operative, they become members and buy shares. For a minimum investment of £250, each investor receives a 5-7% year on year return. BHESCo has advanced assurance for the Enterprise Investment scheme giving 30% relief on the amount invested.
People who invest £500 will be able to claim £150 of that straight back in their next tax return. If the interest rate continues into subsequent tax years, investors will have doubled their money in 11 years. Moreover they will become part of a movement that helps reduce reliance on fossil fuels and contributes to a more sustainable future.
The offer was formally launched via Ethex, the UK’s award winning positive investment website. The minimum investment is £250 and the maximum is £100,000. To apply visit www.ethex.org.uk.
BHESCO’s share offer feeds into an innovative business model that forms a blueprint for energy groups across the country. By establishing a portfolio of services, including partnerships with energy suppliers, energy assessments and energy consultancy, the co-operative has successfully created a number of robust revenue streams. The model can be adopted in other towns and cities to ensure endurance of local energy groups.
The event has received coverage from local newspaper, The Argus and The Brighton & Hove Independent. The first installations include a biomass boiler for an independent school in Hove and a total retrofit of energy saving technology, including a solar array, for a social enterprise that manages affordable office spaces. BHESCO is also working with Brighton & Hove City Council to install solar on schools.
As well as benefitting from the government’s Feed-In-Tariff and renewable heat incentive – which guarantees a fixed price for community generated renewable energy for 20 years, the projects will also make significant savings on energy bills.
These factors combined give investors a 5% annual return on their investment, while enabling BHESCO to reinvest any profits in more community owned energy projects.
Kayla Ente, Founder and CEO said: “We’re used to thinking that doing good and making money are often opposed, especially when it comes to energy, but that doesn’t apply here. This is a win-win-win – Sussex gets more renewable energy while properties are made more efficient, cutting our carbon footprint and energy bills. Businesses and organisations we work with get cheaper energy, and the people who’s money makes it happen receive an interest rate that’s 10 times better than what they’re getting on their bank savings.”
Notes for Editors:
BHESCO (www.bhesco.co.uk) is a co-operative society registered with the Financial Conduct Authority registered number 32097R.
The offer is not affected by the FSMA 2002 regulations on public offerings on shares. For more information on community shares, see www.communityshares.org.uk
Community energy is a fast-growing sector of the activity, aided by the payment of the Government’s Feed-in-tariff and renewable heat incentive that guarantees a fixed price for 20 years, enabling BHESCO to reward its members with strong financial returns.