ABOUT ECOE
exeter community energy was established by eight local people in 2014 who were brought together by Transition Exeter‘s energy group. Our vision is for renewable energy projects to bring about practical change in our community by addressing energy related challenges.
Our aims:
- To develop community-owned renewable energy projects in Exeter, which creates a local green energy supply that improves Exeter’s energy security and resilience.
- To raise awareness of and promote practical, local, low carbon solutions that address the global challenges of our reliance on fossil fuels and the associated climate impact.
- To facilitate community ownership and active participation that engages and strengthens the local community and its economy through volunteering, investment opportunities and becoming energy producers.
- To provide finance for re-investment in renewable energy and energy efficiency projects that contributes to addressing fuel poverty.
- To create a community fund for local community projects.
exeter community energy is registered as an Industrial Provident Society for community benefit.
Our main focus is promoting and developing local community ownership and management of energy projects.
Anyone can buy shares in the company and become a member and each member has one vote irrespective of the number of shares held. We want the whole community to share in the following benefits.
Sustainability: Renewable energy generation makes significant carbon savings for the host building and Exeter, helping to meet Exeter’s sustainability strategy.
Education: Raising awareness of our current energy challenges and the role of renewable energy and energy efficiency can play in developing practical solutions for a low-carbon sustainable future.
Costs: Lowering energy bills by using renewable energy and installing energy efficiency measures.
Visible community-owned assets: Active participation in a genuine and innovative cooperative community initiative that strengthens the local community.
Financial benefits stay local: A fair return for local shareholders, reinvestment in further energy projects and a community fund – all supporting the local community.
Community benefits: The local community becomes an active energy producer of renewable energy rather than only being a passive consumer by setting up and managing inspiring projects.
Download our Business Plan
Read more in our Information Leaflet
Read more about Co-operative UK Model Rules
Read our Secondary Rules
Download our last set of Accounts (Year End March 2024)
