Growing local green energy, making
the benefits available to all
Bristol Energy Cooperative (BEC) is a community-owned energy cooperative, growing Greater Bristol’s local green energy supply and making the benefits available to all. We develop renewable energy and energy efficiency projects, and help others to do the same. We got started in 2011.
Our projects are funded by investor members, who receive interest on their investment from the money we receive for the energy we produce. Decisions are made on a one-member one-vote basis at our AGMs. We’re a people-owned power station for Greater Bristol!
STRONG TRACK RECORD
Our first community share offer in 2012 was for the installation of Solar PV panels on community buildings. We raised £127,000 from 160
investor-members, and installed 63KW at Hamilton House in Stokes Croft, Knowle West Media Centre, and Easton Community Centre.
A second share offer for solar PV raised £120,000 for further installations at the Bristol Folk House, South Bristol Sports Centre, and Empire Fighting Chance.
Our third solar fund-raise in 2015-16 raised over £10 million. This enabled us to expand our portfolio to 11 community buildings and 2 community solar farms.
We’ve paid our investor members the target interest rate on their investment for the four years that our schemes have been operating. Our community fund has helped fund free advice sessions on energy deals, bill management, and maximising energy savings.
Our last Bond Offer in 2017 raised over £700,000 for not only solar generation, but solar storage through a state-of-the-art Tesla battery.
WHAT WE’VE ACHIEVED
How much electricity do our solar projects generate?
- BEC’s annual electricity output is currently 9,436 MWh (Megawatt Hours).
That’s enough to power 2,220 average homes.
- Our rooftop solar sites contribute 425 MWh
- Our solar farm in Somerset contribute 4,572 MWh
- Our solar farm in in Lawrence Weston contribute 4,319 MWh
Read more about the green energy revolution
OUR OBJECTIVES IN MORE DETAIL
We aim to support the creation of a resilient, robust and organised community,
and respond equitably to current and future energy challenges, in particular to:
Enable meaningful cuts in carbon emissions, and reduce dependence on unsustainable sources of energy
Fund and implement renewable energy and energy efficiency measures, in collaboration with people, communities and businesses
Work co-operatively with people and communities to make carbon reduction technologies available to all, regardless of financial resources, and support mutual action to respond to the challenges of climate change