• Pangbourne Community Energy

    A number of PAWS members met in February to discuss the idea of setting up a community energy scheme. One model we considered was setting up a Community Benefit Society  with a grant from the Rural Energy Fund. Sites would be identified, mostly public and commercial buildings, and then surveyed to check their suitability. A share offer would raise the capital to pay for the panels and their installation. There would be no cost to the owner of the building or the tenants. The electricity would be provided to the occupants at a cheap rate and the remainder sold to one of the power companies. The money from selling the electricity would be used to pay the investors and the surplus used for community benefit. We are at a very early stage and have not yet developed any financial models.

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