Community led housing at Kings Tamerton
Our first project in our exciting new venture into community-led housing.Read More
People care more about things that they own.
We give people control over what matters to them.
Our family of organisations purposely uses a cooperative, member-led structure to allow community representatives to take leadership on local solutions to the climate emergency and the energy transition.
Part of the problem is our reliance on fossil fuels, domination of big energy companies and cold, poorly built homes. So we come up with business models and plans to challenge business as usual. By giving local people ownership in positive solutions (like renewable energy generation and zero carbon, affordable homes) then we can make change happen locally. Since 2014, we have been giving our community the opportunity to take ownership of our energy future by buying shares in our schemes.
We launch a 'community share raise'. During this a set time period, anyone (aged 18 years or above) can buy shares, from £50 to £100,000. Share holders become our members, can stand as a Director on the Board and have a say in how the organisation is run. They also receive a fair interest on their investment.
We use a mixture of finance and the money we raise through community shares to put solar on schools and community buildings or to build community-led housing...we manage the process, on behalf of members, from start to finish and then the on-going management once the scheme is up and running.
Local people benefit from low cost renewable energy, investors get a fair return and we generate a community benefit fund to be able to support more projects reducing fuel poverty and carbon emissions.