In Summer 2017, the people of Lewes celebrated the tenth anniversary of their local energy co-op Ovesco by honouring them on the latest Lewes Pound note.
Ovesco was born out of the Transition Town movement and has gone on to develop many high profile community energy projects in the area, including huge solar installations at Harveys Brewery, Brickyard Farm, and several schools and colleges.
Being commemorated on the Lewes Pound is a brilliant visual demonstration of the way that Ovesco keeps money within the local economy, and adds value to the community far beyond the energy systems they install.
Research on spending shows that for every £1 spent with a small or medium-sized business 63p stayed in the local economy, compared to 40p with a larger business.
In contrast to the Big Six energy companies (only two of which are UK owned), community energy groups are rooted in their localities and understand the concerns of residents and stakeholders. You would never find BHESCo or Ovesco, for example, embarking on a project that was opposed by local people, such is the case with fracking plans in Lancashire or oil pipelines in North Dakota.
By embracing the community, and employing local traders and installers to carry out projects, community energy groups are able to support local business and stimulate the local economy. Not only does this benefit domestic job creation, but it has a positive impact on business rates too.
Because community energy groups are owned by local residents, any profits made can be reinvested in developing more locally owned energy projects, instead of being paid out as interest to shareholders. It is also common for community energy groups to channel some of their revenue towards tackling fuel poverty and improving the energy efficiency of cold homes in the area. As well as benefiting individual households, this can also alleviate pressures on local health services as physical and mental wellbeing improve.
In fact, even generating and using energy locally has intrinsic advantages, because it cuts down on transmission losses and is a much more efficient use of the energy produced. In addition, creating a local supply network (such as residents of the Brooklyn Microgrid have recently achieved), insulates a community against external price increases and even possible power cuts.
In all of these ways, whether its creating jobs, reducing bills, or improving health, it is very clear that keeping it local has tremendous benefits for creating an independent and resilient community. When services and insitutions are owned by and run by the people they serve, they will inevitably be responsible, democratic, and sustainable.
Our advice? Act local, join your community energy co-op ASAP.
26 Apr 2017
The energy efficiency of a building is how it uses gas and electricity, with special attention on how much gets wasted. Simple improvements such as roof and wall insulation, low energy lighting, double glazed windows, and draught exclusion can greatly improve energy efficiency, meaning the building needs much less energy to heat and maintain.
The most obvious benefit is that monthly gas and electric bills go down, which can be very important for a family’s budget or a business’ profit margin. But there are many other less tangible benefits to energy efficiency that are just as important as saving money.
For example, using less energy means creating less carbon emissions, which is great for our planet and the environment. Investing in energy saving means that the UK can work towards its carbon reduction targets while still pursuing policies of economic growth. In addition, by using less energy we can improve our energy security, because we do not need to buy as much power from overseas. This can also help to keep prices down.
In fact, studies have shown that investing in energy efficiency is a great way of promoting economic growth. Not only is work provided for thousands of installers and traders, but the money saved by efficiency measures frees up more disposable income that can be channeled back into local goods and services. Moreover, the Government can expect greater tax receipts that would come from higher levels of trade and employment.
Adding energy efficiency measures to a property will also increase its value, especially if this results in an improved Energy Performance Certificate (EPC). A person’s health and wellbeing (physical and mental) is improved by living in a warmer home, which can lead to a reduced demand on the NHS and further savings to the taxpayer.
As we can see, there are so many reasons for investing in better energy efficiency it is a scandal that this is not a national infrstructure priority. It is therefore up to us to take matters into our own hands to improve the quality of the UK’s outdated and inefficient old housing stock. Not only will this improve our lives and the prosperity of our country, but it will be our legacy to future generations. Contact BHESCo to see how we can start your energy efficiency journey at no upfront cost.