Balcombe energy co-op: we aim to take power back from the corporations – theguardian.com

Community energy schemes sound brilliant. The country needs more money pumped into supporting them, but as they take money away from big businesses, that may take quite a fight.

Clean energy, generated locally. Surplus energy sold back to the grid. Residents free to invest as little as £250, and promised an annual return of 5%. Further profits placed in a community benefit fund to pay for local facilities or energy saving technologies for local people in fuel poverty. Britain’s community renewable sector is tiny but it is growing. More than 40 community schemes currently offer just 66MW of installed capacity but there is another 200MW of community energy in development.

via Balcombe energy co-op: we aim to take power back from the corporations | Life and style | theguardian.com.


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