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Dorset Community Energy 3rd Share Offer update

                                  
Dear DCE Members and Newsletter Subscribers

We are delighted to say the share offer is progressing very well and in just six weeks we have raised £248,850, or more than half our target of £445,000.

We have now issued the first £221,426 of shares on a first come first served basis. This is the sum required to implement 336kW of solar panels at the first six sites which already have signed Heads of Terms.  Share certificates will be sent to DCE Members by post in August.

We are liaising with the remaining sites to finalise terms, in the unlikely event that some decide not to go ahead, we are also working with a reserve list of interested sites. 

There is still time to invest, or to encourage your friends and family to do so.  The share offer is open until 31st July, after which the Directors will decide whether to keep the offer open or pause it.

We will send an update at the start of August once we have reached the end of the initial offer period.

Thanks to everybody who has invested to-date and helped get us off to this great start and welcome to the new members of DCE.

If you have any queries don’t hesitate to contact us directly on info@dorsetcommunityenergy.org.uk

Please help us to publicise this offer by forwarding this email widely.   If you received this email via forward and would like to subscribe for updates – subscribe here.

Best regards

DCE Directors: 

Tim, Pete, Henry, Derek, Tom, Emily

Dorset Community Energy 3rd Share Offer

                                  
Dear DCE Members and Newsletter Subscribers

Welcome to our 3rd Share Offer which is launched by this email, so you are the first to hear of it!

You are invited to invest in Dorset Community Energy , we hope to raise £445,000 to install 700kWp of rooftop solar panels on 10 schools and hospitals in Dorset.  The schools and hospitals will benefit from reduced price electricity, and reduced carbon dioxide emissions.

This offers you a low-risk, ethical, local investment opportunity that supports the community and helps to fight climate change.

You can invest between £100 and £50,000, and can expect to receive a target interest rate of 5.5% per annum once the panels are installed; and your capital returned in 17 instalments over 20 years.   New Members will benefit in the same way as existing Members, however the new sites in the 3rd Share Offer will be accounted for separately to those in the 1st and 2nd Share Offers.

Full details are on our website, where we also have an explanatory video.

We are also hosting four events, where we will explain the offer, and answer questions.  Each will be between 7:30 and 8:30pm, light refreshments will be available.

 Bridport 25th June Bridport Literary and Scientific Institute DT6 3JX
 Poole 27th June The Spire (Methodist Church) BH15 1DF
 Blandford 1st July The Blandford School (access via shared Milldown Primary entrance) DT11 7SQ
 Shaftesbury 8th July Shaftesbury Town Hall SP7 8LY


This offer will remain open until it is fully subscribed or until 31st July, whichever is sooner.  We will send two or three further emails to you to update you on progress and let you know when the offer is closed.

This email has been sent to all our existing Members and to subscribers of our newsletter.  We have created a separate mailing list for this purpose and will delete it once the share offer closes.  Newsletter subscribers will remain on our quarterly mailing list and Members will continue to receive communications from us regarding their investment. 

We hope that you will take this opportunity to invest in Dorset Community Energy 

Please help us to publicise this offer by forwarding this email widely.   If you received this email via forward and would like to subscribe for updates – subscribe here.

Best regards

DCE Directors: 

Tim, Pete, Henry, Derek, Tom, Emily

2019 Share Offer Update

Following our February newsletter the Dorset Community Energy (DCE) share offer is making excellent progress towards an expected launch date in June. 

If you have received this email directly you are on our mailing list and will be invited to invest as soon as all the details are available. 

If this email was forwarded to you subscribe here.

The exact details of the share offer are being finalised.   The new share offer looks to raise £445,000 to install 700kW of solar photovoltaic panels at ten schools and hospitals in addition to our current portfolio of 420kW at sixteen schools and community buildings.   This will provide an opportunity for you to invest in shares, with an expected interest rate of 5.5%, and capital repaid over 20 years, a local, ethical and carbon friendly investment.  All existing newsletter subscribers will be invited to invest, as well as those already holding shares in DCE.  One or more launch events will also be held.   

May is a busy time for DCE, we will hear about the outcome of our Low Carbon Dorset Grant application, finalise details with the sites, and draw together the share offer document. 

Many thanks to those who took part in our February survey, as a thank you DCE have made a gift to Trees for Life which will fund the planting of a tree to restore ancient woodland in Caledonian Forest in the Scottish Highlands.  The survey was completed by 36 people, who all supported the share offer, with 94% of respondents indicating they would consider investing , an average of £2,750, or £100,000 in total. 

Please do share this email with friends and family and encourage them to subscribe so they are also invited to invest.  We want to be in a position to install on all the identified sites, and we already have interest from other unconfirmed sites. .  

Make sure you don’t miss out subscribe here

Read more on our website.

Best wishes from the DCE Directors: Tim, Tom, Pete, Derek, Emily and Henry

Dorset Community Energy expects to launch new share offer in June 2019.

DCE expects to add 700kW of solar photovoltaic panels at ten schools and hospitals, to its current portfolio of 420kW at sixteen schools and community buildings. This will provide an opportunity for you to invest in shares, with an expected interest rate of 5.5% and return on capital investment over 20 years, a local, ethical and carbon friendly investment.

We are working closely with the ten sites to agree terms and expect are awaiting a response to our Low Carbon Dorset Grant application in mid-May.  Results from our February survey, completed by 36 people, indicated that 94% of respondents would consider investing, an average of £2,750, or £100,000 in total.  The share offer will look to raise £445,000 and will be open to the public, all existing newsletter subscribers and those already holding shares in DCE will be invited to invest. 

Wey Valley College 100kWp proposed

Many thanks to those who took part in our February survey, as a thank you DCE have made a gift to Trees for Life which will fund the planting a tree to restore ancient woodland in Caledonian Forest in the Scottish Highlands.



February 2019 Newsletter

In this issue:

  • Dorset Community Energy solar generation in 2018
  • New solar installations in 2019 – get ready to support our share offer – please help us gauge local interest by completing this short survey  by 10th March – once we have thirty responses we will make a donation to Trees for Life, who plant trees in the Scottish Highlands.
  • Microgrids and Passiv House development in Bridport
  • Last chance for Feed-in-Tariff 31st March 2019
  • 2019 AGM


best wishes from Dorset Community Energy Directors: Tim, Pete, Henry, Tom, Derek and Emily


Dorset Community Energy solar generation in 2018

Last year, 2018, was the second sunniest UK year on record according to the Met Office, with 1,575 hours of sunshine landing on our solar panels.  We generated 445,876 kWh of electricity, more than 10% above that predicted in our share offer documents.  Dorset Community Energy (DCE) members benefitted from an interest payment of 5.5% in September.

Read more


More solar installations on schools expected in 2019, your chance to support!

Help us gauge local interest by completing a short survey, read the article and find the link below or do it now!  Please complete by 10th March – once we have thirty responses we will make a donation to Trees for Life, who plant trees in the Scottish Highlands.  

If you were at our AGM, you will have heard that we won a grant application to the Rural Community Energy Fund to meet the costs of technical and feasibility studies for a new round of solar photovoltaic panel installations on schools.

The feasibility studies are now almost completed. Six schools and five hospital sites have expressed interest and have been assessed as feasible using a similar financial model to our existing installations, and we expect to issue a share offer soon.  

Read more


Microgrids and Passiv House development in Bridport

Dorset Community Energy (DCE) also secured funding from the Rural Community Energy Fund to carry out a feasibility study to supply solar photovoltaic electricity to 53 new homes being developed by Bridport Co-Housing and designed to Passiv House specifications.

DCE appointed consultants Wessex Energy Solutions (WES) to conduct the study, which has shown that using a standard model of installing panels onto homes and selling electricity to the householders would not be financially viable, however installing an array of panels whose electricity is shared across the houses, by a micro-grid, backed up with a storage battery is financially viable.  

Read more


Last chance to benefit from Feed-In Tarrif

If you are considering installing solar photovoltaic panels, or any other renewable electricity technology on your home then you need to act quickly as the Feed-in Tariff will close to new installations on 31st March 2019.

Read more


Dorset Community Energy – AGM – July 2019

We are intending to hold our AGM in July 2019, date and venue to be confirmed..

Dorset Community Energy solar generation in 2018

Last year, 2018, was the second sunniest UK year on record according to the Met Office, with 1575 hours of sunshine landing on our solar panels.  We generated 445,876 kWh of electricity, more than 10% above that predicted in our share offer documents.  Dorset Community Energy (DCE) members benefitted from an interest payment of 5.5% in September.

Continue reading “Dorset Community Energy solar generation in 2018”

More solar installations on schools expected in 2019, your chance to support!

If you are interested, do read this article and complete the survey (link below), or if you are too busy – go straight to the survey Please complete by 10th March – once we have thirty responses we will make a donation to Trees for Life, who plant trees in the Scottish Highlands.

If you were at our AGM, you will have heard that we won a grant application to the Rural Community Energy Fund to meet the costs of technical and feasibility studies for a new round of solar photovoltaic panel installations on schools.

Blandford School wishes to add capacity.

The feasibility studies are now almost completed. Six schools and five hospital sites have expressed interest and have been assessed as feasible using a similar financial model to our existing installations, members will be invited to purchase shares and will receive annual interest payments and the investment capital back in instalments over a 20 year period.  

Continue reading “More solar installations on schools expected in 2019, your chance to support!”

Microgrids and Passiv House development in Bridport

Dorset Community Energy (DCE) also secured funding from the Rural Community Energy Fund to carry out a feasibility study to supply solar photovoltaic electricity to 53 new homes being developed by Bridport Co-Housing and designed to Passiv House specifications.

DCE appointed consultants Wessex Energy Solutions (WES) to conduct the study which has shown that using a standard model of installing panels onto homes and selling electricity to the householders would not be financially viable, however installing an array of panels whose electricity is shared across the houses, by a micro-grid, backed up with a storage battery is financially viable.  WES worked with microgrid experts Clean Energy Prospector (CEPRO).

Continue reading “Microgrids and Passiv House development in Bridport”

Last chance to benefit from Feed-In Tarrif

If you are considering installing solar photovoltaic panels, or any other renewable electricity technology on your home then you need to act quickly as the Feed-in Tariff will close to new installations on 31st March 2019.

Of course you can install solar photovoltaic panels without the Feed-in Tariff, but to get the best return from your investment you will need to use the electricity when you generate it, i.e. in the day-time!  The Feed-in Tariff is designed to reward you for feeding electricity into the grid.

Continue reading “Last chance to benefit from Feed-In Tarrif”