BHESCo's first ground source heat project is up and running
September 2020 Newsletter
Ground source heat project completed at The Montessori Place
Works are complete on BHESCo's first ever ground-source renewable heat project, placing the oil boiler at the Montessori Place School near Framfield. An 87kW heat pump will efficiently produce hot water extracted from a series of 120m deep boreholes. Over its operational lifetime, we expect the project to reduce carbon emissions at the school by 900 tonnes! Read more >>
Green Homes Grant scheme
This month the UK Government plans to launch the Green Homes Grant scheme which aims to stimulate demand in the energy efficiency and retrofit industry. Property owners can apply for vouchers of up to £5,000 (or £10,000 for low income households) to commission energy improvements like insulation and low carbon heating. BHESCo will support our members and Sussex residents to navigate their way through the voucher scheme. Read more>>
Share Offer update: £180,000 raised
Since launching our share offer in August, BHESCo have attracted £180,910 of investment towards our two low-carbon heat projects in Lewes and Framfield, putting us 80% of the way towards our target of £225,000. Following our AGM on 24th September, it was agreed by the members, supported by our Board of Directors, to reduce the interest rate on all new shares to 3%. This lower rate gives us more resource to power the transition to a low carbon economy. We welcome all new investment at this lower, albeit still attractive, rate.
Big thanks to our shareholders for a memorable AGM
BHESCo held our sixth Annual General Meeting on 24th September, which was our first to be take place online. The meeting featured a presentation from BHESCo's founder & CEO Kayla Ente on our five year strategy including the creation of three new Business Units. We'd like to say thanks to all members who were able to join and contribute to the dynamic and engaging conversation.
In Other News...
50 members of Brighton & Hove's Climate Assembly meet for the first time
Over the next few weeks and months a randomly chosen public committee will consider how we can step up actions to reduce carbon emissions in the city. Council leader Phelim MacCafferty said: “This is an opportunity for the wider city to be involved and join in with the discussions the climate assembly is having. We want everyone to be able to take part and share thoughts, views and ideas". Read more
Solar powered rail pioneers 'Riding Sunbeams' receive backing from Thrive Renewables
Riding Sunbeams has secured its first commercial funding from Thrive Renewables and Friends Provident Foundation, in exchange for a minority shareholding in the business and an active role in governance. Founded by climate charity Possible and Community Energy South, Riding Sunbeams will use the investment to develop a pipeline of new renewable energy projects in South East England. Read more.
Record breaking start to BESN campaign.
BHESCo have begun this year's Big Energy Saving Network campaign in record breaking style. Since the campaign began in September, we've provided one to one energy support for 70 individuals and achieved estimated savings of £8,139. Anyone who wants to save money on their winter fuel bills is welcome to contact us for free, impartial and expert advice.
Help us develop more community owned energy projects
by becoming a member of our co-op
Winner 2019 Regen Best Community Energy Initiative Award Winner 2019 Community Energy England Carbon Savings Award
Winner 2019 NEA Heat Heroes Award
Winner 2018 Brighton and Hove Business Awards Green Company of the Year
Winner 2016 NEA Heat Heroes Award
Winner 2016 Community Energy England Energy Saving Award