Make Your Money Do Good
Why leave your savings doing nothing in the bank when you could be earning 5%* interest each year?
An investment in our ethical social enterprise will help to reduce climate changing emissions and tackle fuel poverty.
By making an investment, you will be contributing a real social and environmental benefit to the local community. Since our first share offer in June 2015, we have helped homes and businesses in the city save £123,000 a year on energy bills and reduce carbon emissions by 216 tonnes annually!
Become a member and join the Energy Revolution!
“I love this vision and would encourage everyone in Brighton & Hove to buy shares in BHESCo”
“When the opportunity arose to invest in BHESCo I leapt at the chance. I really approve of what BHESCo is doing and hope it will be a big success”
“It’s a great local idea whose time has come: insulation, warmer homes, lower bills, community ownership, and renewable energy – Brighton & Hove’s ready for it!”
> What are Co-operative shares?
By purchasing shares, you become a member of our consumer co-operative that is registered with the Financial Conduct Authority. We uphold the co-operative principles, which means that each member gets one vote, regardless of the number of shares you own. This creates an equitable business where no one person or entity has more influence than another, based on their financial holdings.
Our members have a say in the governance of our energy savings co-operative. Shares are non-transferable, meaning that they cannot be sold to anyone else. Members can withdraw their investment (plus any interest due) at certain times during each year starting after the third year of your investment and in subsequent years. For more information about our Co-operative and our governance – download our rules here.
> 5% Interest On Your Investment/ Shares
Here’s an example of how it works:
If you invested £500 with us, it starts to earn interest at 5%, compounded each year. After 10 years, your £500 would have become £814, an increase of 63%. To reward long-term investors, people who can afford to keep their investment with us for the full 20-year plan can expect to earn a higher rate of 7% after 10 years, meaning your £500 would turn into £1,600 after 20 years – a 220% increase.
> What Will We Do With Your Investment?
When you buy shares, the money is used to buy and install renewable energy and energy efficiency systems in the local area. We do this at no upfront cost to the customer in order to make renewable energy accessible to everyone. We typically work with schools, community centres, and local businesses.
Once the new technology is installed and operational, customers pay BHESCo back over a set lease period from the money they save on their annual energy bills. The renewable technology saves customers more on their energy bills than they pay for the lease. They pay back enough to cover the cost of the installation plus the 5% interest that goes to our shareholders who have used their savings to ethically invest in community energy.
*Anticipated rate – Your capital is at risk when you invest, so never risk more than you can afford to lose. Past performance is no guarantee of future performance. If you are in any doubt you should consult a financial adviser.