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BHESCo have been awarded £2,500 from Brighton Energy Co-op’s Community Fund to help reduce levels of fuel poverty in the city. The aim of the fund is to support either renewable electricity generation or energy efficiency measures. They have asked BHESCo to deliver free home energy surveys and implement measures for some of the city’s most vulnerable residents.

BHESCo have already completed over 200 free energy surveys around Brighton as part of a ‘Warmth For Wellbeing’ programme, making homes warmer and more comfortable while also reducing monthly energy bills for those who may struggle to keep up.

But with over 15,000 households in the area identified as suffering from fuel poverty, there is still a great deal of work to be done.

BHESCo’s CEO Kayla Ente said.

“We are grateful to Brighton Energy Co-operative for this opportunity to extend our work to more people in our city who are living in cold homes. We will do our best to reach as many people as possible with the funding they have made available for this vital work.”

Brighton Energy Co-op’s Community Fund is paid for by the Feed in Tariffs on BEC’s existing systems and by donations from members.

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!

 

On Saturday 3rd September 2016, Oxford played host to the fourth national Community Energy England Conference, bringing together the movers and shakers from the industry to take stock of the current energy climate and to share ideas on how to grow community energy in the UK.

BHESCo founder and CEO, Kayla Ente, was invited to the conference as an expert on community energy and to deliver a workshop on BHESCo’s pioneering work tackling fuel poverty. As true ambassadors of community energy and cooperative principles, BHESCo believes that eradicating fuel poverty is just as important as creating renewable energy. We see access to energy as being essential for a healthy life, just as much as food and a decent home, and for this reason we do what we can to make sure everyone in Brighton and Hove is able to heat and power their homes adequately.

To this end, in January 2016 BHESCo established our exciting new Energy Saving Service, designed to help improve the energy efficiency of homes and businesses in the city.

In recognition of creating this truly unique service, Kayla was honoured to receive the “Energy Saving Award” at the Community Energy England conference, which was awarded to the ‘community group which has undertaken the most inspiring energy conservation project’.

Community Energy England Award Winners

Winning this award was a fantastic achievement and everyone at BHESCo was delighted to have been recognised for our efforts by Community Energy England. However, our amazing week was about to get even better…

Just four days after the conference in Oxford, BHESCo was invited to the Houses of Parliament where the duo responsible for delivering our Energy Saving Service, Tim Beecher and Jack Dangerfield, were named as “Heat Heroes” by National Energy Action and Scottish Power, at an annual awards ceremony that recognises those who are on the frontlines in the battle against fuel poverty. Green MP for Brighton Pavilion Dr Caroline Lucas took time out of her busy schedule to come and congratulate BHESCo on their award, writing days later in her article for the Brighton and Hove Independent:

Every day I hear of people and projects in this city which give me huge inspiration – such as BHESCO, who won an award for their achievement only this week – to local innovative businesses and the many people campaigning for a country of genuine security, compassion and care.

 

NEA Heat Heroes Awards


To help support us in our efforts to combat climate change and fuel poverty, why not consider becoming a member of our co-operative? For a minimum investment of just £250, you will be ensuring that our pioneering not-for-profit co-operative can continue the vital work we do on behalf of the people of Brighton & Hove, and what’s more you’ll receive a handsome 5% return on your investment, considerably better than the interest rates on offer from high street banks.

 

 

share launch front pageBHESCo 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

Special guest speaker – Howard Johns, Founder of Southern Solar and OVESCo

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

Please sign up for the event on eventbrite as we need to order refreshments.

Virtuous CircleBrighton 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.

 


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