Wedmore Community Power Co-operative
Edwardian Wedmore was one of the first places in Somerset to generate its own electricity, 16 years before Wells, and now it could lead the way again with a community-owned power company producing clean electricity from a field of solar panels.
Wedmore Green Group is working with local renewable energy consultancy Rooftop on plans to set up the Wedmore Community Power C0-operative so local people can buy a stake.
Preliminary agreements are in place with landowners to establish a 1mW array of solar photovoltaic panels on the northern outskirts of the village. If there is a good response the community could add a similar scheme on the other side of the village.
Keep an eye on the latest posting here or follow @WeAreRooftop on twitter for up-dates:
The eagle eyed reader may notice name change – yes we are now a Co-operative – reference 31959R.
12 April 13. Wow what a busy week; Sedgemoor Development Committee gave us a bright green light on 9 April so now we are busy sorting out planning conditions etc. The Pioneer Share Offer Document was distributed by email between the 10th and 11th April so if you have not seen it please contact one us and be sure to register your details on the website. Details on www.wedmorecpc.co.uk. The pioneer offer is only open for a short time as we are only raising capital to get the ball rolling; the main offer will follow later; but early birds may get a better tax break and stand a better chance of securing more shares – so have a look.
We are going to start work on a new web site shortly and we hope within a few weeks to announce details of our third public meeting with a speaker telling us all about enterprise investment scheme tax breaks (EIS). You’ll need your thinking caps for that one. Old Mill have kindly offered to supply a generic fact sheet in the meantime which we’ll distribute shortly for anyone wanting some home work.
Meanwhile for anyone getting into this whole bank free co-op thing; check out www.somersetsavingsandloans.org.uk. These are the guys featured in the CVG on 11 April plugging a new credit union based ISA.