The world needs an energy revolution and it needs it now.
Will you join our campaign and support solar power in Sussex?
The clock is ticking…
We have until April 2019 to install as much solar power as possible before the UK Government cuts solar subsidies forever.
BHESCo have EIGHT community solar projects designed and ready to go but we can’t do anything without your help.
Will you join our crusade and support solar power in Sussex?
Why BHESCo Needs You
Our new projects include three colleges, two schools, a housing association, a church, and several small businesses.
As a not-for-profit co-op, we rely on community investors to help fund our projects. Shareholders become members of our co-op and receive 5% interest on their investment*.
We’ve completed 35 community owned energy projects in this way, and its all down to the belief and support of investors like you – thank you all!
Together, BHESCo projects are already saving our customers £50,000 a year on energy bills and reducing annual carbon emissions by over 200 tonnes – and we’re only just getting started.
Low Carbon Heating Projects
In addition to our solar PV projects, BHESCo are also raising funds for several low carbon heating projects that we are working on in Sussex.
BHESCo are delighted to once again be partnering with our friends from Alistair Fleming Design to install a cutting-edge SunAmp heating system for their brand new showroom in Lewes.
Funding Target – £15,000
BHESCo are very excited to be commencing a brand new energy efficiency project to upgrade the heating and lighting systems of the Werks Group’s ‘Home Werks’ property in Hove.
Funding Target – £16,000
An investment in BHESCo means your money will generate attractive financial returns for you, create positive change for the community and reduce our collective environmental impact.
- Receiving an attractive 5% return on your investment*
- Helping local businesses to thrive
- Reducing our collective carbon footprint
- Having an equal voice in how we are run
- Supporting an innovative business model that creates a blueprint for energy groups across the country
Investors can purchase shares which have a value of £10 each. The minimum investment is £250 and the maximum is £100,000.
The drop down menus below contain important information which we need to share with you before you make your investment. The information is taken from our 2018 Share Offer Document.
*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.
Things To Consider
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. 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 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 advisor 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. Shareholders can decide to have their interest paid out, invest it back into BHESCo, or donate it to our fuel poverty programme.
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.