MaidEnergy

  • MaidEnergy Team.
  • MaidEnergy's solar panels.
  • MaidEnergy's Directors.

Our Changeprint

Our Changeprint can be measured by the tonnes of carbon emissions reduced; number of sites with solar installations that produce their own renewable electricity; and the community support provided from co-op funds generated and the new projects implemented.

Our story

A small group of people with a shared interest in climate change mitigation realised that collectively we had enough of the skill mix to initiate a solar project in our spare time. We established a financial model for installing solar, then we secured seed funding from our local authority to develop the required governance and legal framework. Running our first successful share offer was a momentous event which proved our capability and was the beginning of our track record for local solar in the context of government subsidy. Since subsequent share offers, our portfolio covers 7 sites, £450k of investment and over 100 members. Beneficiaries are the community site owners who benefit from lower cost energy, the adults and children who use those sites and our co-op of >100 investors.

Our advice

Voluntary groups with little funds are slow to progress - avoid deadlines e.g. FiT
Projects have greater certainty when you involve committed experts.
If a co-op has multiple projects, lump share offer % returns together (it's more ethical).
Try to repeat your successes, rather than experimenting with new projects each time.

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