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

About this project


Share offer live April 24th - 31st May. Invest now

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

Gary Mark
about 3 hours ago
Alison
3 days ago
Daniel
5 days ago
Catharine Marie
5 days ago
Sam
5 days ago
Ross
6 days ago
Olivier
7 days ago
Richard
7 days ago
Philip
7 days ago
Raphael Lawrence
7 days ago
Ashis
8 days ago
Anke
8 days ago
Elizabeth Anne Louise
12 days ago
Sarah Katharine
20 days ago
Agamemnon
22 days ago
Brian
26 days ago
Dave
26 days ago
Afsheen
27 days ago

£22,450 Raised of our £50,430 goal

35 investors

10 days left

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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