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!
We’re not affiliated in any way with Bristol Energy Limited, the company recently sold by Bristol City Council.
STRONG TRACK RECORD
Our first share offer in 2012 raised £127,000 from 160 investor-members. We installed solar panels 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.
Our Bond Offer in 2017 raised over £700,000 for solar generation and energy storage through a state-of-the-art Tesla battery.
We’ve paid our members annual interest on their investments for the eight years that our schemes have been operating.
We’ve facilitated over £250,000 of community benefit payments to a wide range of organisations.
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 over 3000 average homes.
- Our rooftop solar sites contribute 545 MWh.
- Our solar farm in Lawrence Weston contributes 4,319 MWh.
- Our solar farm in Somerset contributes 4,572 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