This project has been fully funded and is now generating clean energy!

About this project

Vauxhall Energy is a community benefit society that empowers residents to generate their own clean energy, provides work experience and jobs for local people and addresses energy efficiency and fuel poverty in Vauxhall.

 


How it works


We are creating a community-owned solar array on the roofs of 5 blocks in Vauxhall Gardens Estate. This is funded through a community share offer - giving local people and investors an opportunity to gain a 3% return on their clean energy investment. After operating costs are deducted, profits will be divided between providing investors with the annual return on investment, and benefitting the tenants and residents living in Vauxhall Gardens Estate.


What we will achieve


Environmental benefits

  • 65 kWp solar array to be installed on 5 blocks in the estate: Arne, Arrowsmith, Jameson, Kennedy and Mountain.
  • 24 tonnes of CO2 per annum will be saved from entering the atmosphere - that is 488 tonnes over the 20-year life of the project.
  • The project will generate 1059 MWh of clean renewable electricity over the lifetime of the project. This is the equivalent of powering 17 homes.

Financial benefits

  • An average 3% return on investment for investor members.
  • £15,000 ring fenced for the benefit of the Community over the life of the project.

Social benefits

  • Contribute to wider action in reducing our dependence on fossil fuels.
  • Provide an ethical and social investment opportunity for local people in Lambeth.
  • Fund community activities.
  • Provide work experience and jobs for local people.
  • Empowering communities and promoting local leadership.
  • Support and training for vulnerable youth, local residents and long term unemployed and job seekers.
  • Raise awareness surrounding energy issues.

What we have achieved so far


  • We have been engaged with residents and run energy advice and solar panel making workshops.
  • Provided home energy audits.
  • Nine local young people have benefitted from a 20-week paid internship programme. This involved gaining experience in finance, media, PR and the technical aspects of delivering a community energy project. 

Our investors

Megan
11 months ago
Maria Pilar
11 months ago
Gema
11 months ago
William
11 months ago
Christopher
11 months ago
Eon Les
11 months ago
Irene
11 months ago
Mike
11 months ago
Jemima Vivien
11 months ago
Jonathan Alexander
11 months ago
Hanna
11 months ago
Celeste
11 months ago
Damon
11 months ago
Kanatta
11 months ago
mark
11 months ago
Cedric Vincent
11 months ago
Callum
11 months ago
angela
11 months ago
Carla
11 months ago
Gail
11 months ago
Christine
11 months ago
David John
11 months ago
Jeremy Bernard
11 months ago
Aled
11 months ago
Lorraine Ann
11 months ago
Jessica Rachel
11 months ago
Lucie
11 months ago
Annie
11 months ago
Gary Mark
11 months ago
Alison
11 months ago
Daniel
11 months ago
Catharine Marie
11 months ago
Sam
11 months ago
Ross
11 months ago
Olivier
11 months ago
Richard
11 months ago
Philip
11 months ago
Raphael Lawrence
11 months ago
Ashis
11 months ago
Anke
11 months ago
Elizabeth Anne Louise
12 months ago
Sarah Katharine
12 months ago
Agamemnon
12 months ago
Brian
12 months ago
Dave
12 months ago
Afsheen
12 months ago

£54,741 Raised of our £50,430 goal

81 investors

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Need help?

If you have any questions about investing or the project please don't hestitate to contact us:

info@repowering.org.uk