Start Investing In Community Energy

Align your financial goals with your personal values by investing in our award-winning community energy co-operative.

We invite you to invest in BHESCo to support the growth of community owned renewable energy and energy efficiency projects across Sussex

An investment in BHESCo will provide you with an attractive financial return whilst contributing to the UN's Sustainable Development Goals.

Earn an attractive rate of 5% interest each year

Join our community and have a say in our governance

Support local clean energy projects

Invest In Community Energy And Earn 5% Interest

An investment in BHESCo’s will earn you interest at 5% each year* while funding the development of new community energy projects in Sussex.

By making an investment in BHESCo you will be creating a more resilient and sustainable community while helping to reduce our collective environmental impact.

Join other shareholders who are driving the transition away from fossil fuels by choosing to invest in community energy.

In light of the reduction in interest rates in the financial marketplace, BHESCo’s Board of Directors has been discussing lowering our interest rates on future fund raises.  This is therefore a limited-time offer to receive 5% on any new investment in BHESCo.  Don’t delay:  The offer will only remain open until we have raised £225,000 or 24 September 2020, whichever is sooner. 

At our AGM on 24 September, we will be discussing with members about lowering rates.

Have A Say In Our Governance

By investing in BHESCo you will become a part-owner of the co-operative and be invited to attend our Annual General Meetings and other social events throughout the year.

At Annual General Meetings each shareholder is entitled to one vote no matter how many shares they own.

You will have an opportunity to scrutinise and approve our accounts as well as voting on the appointment of board members and asking questions about the future plans of the business.

Other Benefits Of Investing In Community Energy

In addition to receiving an attractive 5% return on your investment and having an equal say in how we are run there a number of reasons why you should become our next investor:

  • Reduce our collective carbon footprint
  • Reduce fuel bills for residents and businesses
  • Create demand in local supply chains
  • Support new employment opportunities in Sussex
  • Create a resilient local economy
  • Support an innovative business model that is a blueprint for groups across the country

*5% = 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.

What are investors and supporters saying about BHESCo?

Investment In Clean Energy Expected To See Significant Growth

Climate change is the defining global challenge of our time. The way we address it will shape the evolution of our global economy away from burning fossil fuels to meet our energy requirements during the twenty first century.

In response to the crisis, the UK Government has set a target for the country to become carbon neutral by 2050, establishing a clear pathway to the clean economy that will deliver the most prosperity in financial markets.

Since 2010 there has already been more than £92 billion invested in clean energy in the UK, and the emergence of new disruptive innovations such as rapid charging electric vehicles and battery storage will further boost the potential for market growth.

A 2017 report published for the Committee on Climate Change estimated that the low carbon economy in the UK could grow 11% per year between 2015 and 2030 – over four times faster than the rest of the economy.

Community Energy Investment In The UK - The Big Picture

Across the UK communities are coming together to invest in local energy projects that deliver immediate and significant results.

A report from Community Energy England found there are over 48,000 members of community energy groups invested in projects that collectively reduce CO2 emissions by an incredible 71,000 tonnes per year (equivalent to taking 15,000 cars off the road).

With support from visionary investors like you, our movement will only get stronger.

We very much hope you will soon become the latest supporter to join the community energy revolution.

48,000 members

£14.3 million invested

302 projects completed

Why BHESCo Needs Your Investment

As a not-for-profit co-op, we rely on community investment to help fund our projects. Shareholders become members of our co-op and receive 5% interest on their investment*.

We’ve completed 42 community energy projects in this way, and its all down to the belief and support of investors like you – thank you all!

BHESCo Projects By Type

By raising funds from the community, we remove the burdensome upfront costs that prevent property owners from installing clean energy measures. This allows everyone to take part in the energy revolution and support community owned energy in Sussex.

Our ambition is that every resident of Brighton & Hove becomes a member of our co-operative. Together we can truly take control of our clean energy future.

“Without our first visionary investors from 2015 we wouldn’t be where we are today - we will forever be grateful to those who believed in us from the start.

To get to where we want to be and to have a real impact on our energy supply and climate change we need to aim even higher. We’ve proven that our economic model works and that we can repay our investors with interest. We now need more investors to take the leap with us and help transition to a low carbon economy for the sake of future generations”
Kayla Ente - CEO Founder - Brighton Hove Energy Services Cooperative (BHESCo)
Kayla Ente
Founder and CEO

An Investment in BHESCo Is A Low Risk Long-Term Strategy

When you become a shareholder with BHESCo your money is invested in low carbon energy technologies such as solar panels, heat pumps, energy efficient lighting systems and so on.

This means that the value of your funds is secured in those energy technology assets. In the unlikely event that BHESCo were to become insolvent, our ‘book’ of energy projects would likely be taken over by another community energy business who would continue to service the energy equipment on behalf of customers and continue to pay shareholders annual interest.

It is important note that your investment is not covered by the Financial Services Compensations Scheme, which means you cannot enjoy the same level of security as you may expect from an ISA for example.

New Projects For 2020

Solar power schools 1- the montessori place - brighton hove energy services

Montessori Place School (Phase 2)

87kW ground source heat pump

11kW solar PV

Lifetime Savings

£1,020 tonnes CO2

  • Fundraising

The Werks Lewes

85kW air source heat pump,

11kW solar PV,

Insulation, Secondary glazing

Lifetime Savings

£40,397       740 tonnes CO2

  • Fundraising
brunswick primary school solar panels

Brunswick Primary School

99kW solar PV

Lifetime Savings

£87,189

612 tonnes CO2

  • Funded
solar panels school plumpton college

Plumpton College

91kW solar PV

Lifetime Savings

£96.680

547 tonnes CO2

  • Funded

Hertford Infants & Nursey

49kW solar PV

Lifetime Savings

£154,475

288 tonnes CO2

  • Funded
Bunker Solar 1

Bunker Housing Co-op

3.2kW solar PV, Air Source Heat Pump

Lifetime Savings

£13,740

37 tonnes CO2

  • Funded

Things To Consider Before You Invest

Investors can purchase shares which have a value of £10 each. The minimum investment is £250 (25 shares) and the maximum is £100,000 (1,000 shares).

The drop down menus below contain important information which we need to share with you before you decide to invest. The information is taken from our 2019 Investor Pack

BHESCo is a social enterprise which is owned by and managed for the benefit of its members.

As a consumer co-operative we are bound by our Rules to act for the benefit of the communities in which we operate. 

As a consumer co-operative, we remain accountable to our customers after the project installation, because all of our customers become members and have a say in our governance.

We are bound by our Rules to act for the benefit of the communities in which we operate. There is a one-member-one vote rule irrespective of size of shareholding, and as a member you can get further involved through member meetings, joining working groups and standing for election to the Board.

This is a fundamentally different way of doing business on energy, as seen in the highly successful and well established model of community owned energy businesses elsewhere in Europe.

As with any purchase of shares there are a number of things to consider before investing your money. In particular you should appreciate that the value of your shares cannot go up, but may go down, so that you may not get back the amount you invested.

The Co-operative is registered with but not authorised by the Financial Conduct Authority and therefore the money you pay for your shares is not safeguarded by any depositor protection scheme or dispute resolution scheme.

If any person has any doubt about the suitability of the investment which is the subject of this Share Offer they should consult with an appropriate authorised financial adviser on this investment.

BHESCo receives income from a variety of different revenue streams, including the sale of energy through the Feed-In-Tariff and Renewable Heat Incentive as well as direct to our customers from projects we have developed.

BHESCo intends to pay 5% interest to our investors on an annual basis, dependent on financial performance and cash flow.

The interest is calculated gross and is not subject to a retained income tax credit.

Shareholders can decide to have their interest paid out, to invest it back in BHESCo or to donate it to help fund our fuel poverty intervention work.

Cooperative members do not have the right to withdraw share capital, although shares are withdrawable at the discretion of the Board of Directors. In practical terms, the Cooperative buys back the shares.

After 3 years, upon approval of the members and assuming there are sufficient funds, BHESCo aims to make available 10% of its capital to repurchase shares.

BHESCo’s business model relies on raising cash for capital investment in its early years, hence your investment should be considered as medium to long term.

If your circumstances change, your shares may not be readily convertible into cash. Your shares can be withdrawn (ie redeemed by the Cooperative for the price paid for them) in accordance with the Rules but may not be withdrawable at short notice or when you wish to do so.

There is a one-member-one-vote rule irrespective of size of shareholding, and as a member you can get further involved through member meetings, joining working groups and standing for election to the Board.

BHESCo will not have “major shareholders” as each member has one vote regardless of the size of their shareholding. This ensures that no individual, organisation or group of individuals or organisations will have control of the Co-operative.

The Share Offer is open to individuals over 16 years of age and to organisations who support the objectives of the Co-operative.

The minimum investment is £250 and the maximum is £100,000. Shares cost £10 each.

Under Money Laundering Regulations you may be asked to provide evidence of your identity.

The terms and conditions of the share offer are subject to English Law.

Your investment in principle is for 13 years. We request a minimum of 3 years in order to establish the cash flows required to sustain the business. After the third anniversary members may apply to the for repayment of some or all of their investment.

Please remember that our investments are not covered by the UK’s Financial Services Compensation Scheme, and that prospective investors should be aware that the value of the shares, which will not be quoted, cannot go up, but can go down. In addition, there is no certainty that investors will get back the full amount they invest.