What’s happened to my money?
You have invested in Dorset Community Energy for a period of twenty years. Over this time period it is expected that you will receive an annual interest payment, projected to be between 5% p.a. and 6% p.a. and capital repaid over 17 years from year 4 onwards. Members’ interest is paid from the income generated, and paid annually in arrears. Interest will vary according to a number of factors including hours of sunshine each year. The interest to be paid each year will be recommended by the Directors and agreed by Members at the AGM. The 2017 AGM was held on the 12th July and the minutes are available under Member Resources on the right hand side of this page.
How does the community benefit?
The schools and community buildings are benefitting from free or low cost electricity, predicted to be worth in excess of £600,000 over the 20- year period. Each building is also being provided with a real-time monitoring display. In addition DCE members have worked with the Dorset County Council Sustainable Schools Project Officer to develop educational kits and resources to enhance the learning potential of the solar panels.
I want to join – where do I send my money?
We don’t currently have any open share offers. Due to changes in government policy on feed-in-tariffs it is unlikely that new solar photovoltaic projects like those already installed will be financially viable in the near future. The Directors are currently considering alternative options for future development of the Society.
If you would like to be kept informed of any future offers please sign up to our e-news.