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

Share offer now open, April 24th - May 31st

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

£54,741 Raised of our £50,430 goal

81 investors

Apply for shares »

Need help?

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

info@repowering.org.uk