1. 1 Where 90% of initial membership was from the BA postcode area Who Generally older, with an almost even split male/female How many 250 How Much Minimum investment of £500 Initial average £3500 Significant number of members reinvested, average now nearer £5000 Our Members

2. 2 Partners WWCE FRECo Kennet Community Energy A Rapidly Growing Sector Currently around 500 community energy organisations in UK Installed around 60-70MW – 5GW by 2020? 150 community energy IPSs set up, mainly over last few years, mainly in England Over 40 share offers raising £17 million to date Working together….. Westmill Community Wind & Solar Brixton Community Solar OVESCo Community Solar Torr Mills Community Hydro Neilston Community Wind

3. 3 Raised £2.5 million from local share offers, £800,000 debt finance & £400,000 development finance Installed 656kW of PV. Planning and finance for further 1.25MW Projects over performing to date Paid members 7% interest for last 2 years and first contribution into community fund Established important co-operation agreement with B&NES Council Helped set up 3 new community enterprises adjacent to our area Bath & West Community Energy Progress to date…..

4. 4 Bath & West Community Energy Our mid term targets.... Currently developing…. Hydro, biomass & wind energy projects Approx 10MW in development By 2014-2015 5-6MW installed – aiming for 25% of local renewables target Financially sustainable enterprise with £11 m raised in debt and equity 5-6MW delivers approx £5 million to Community Fund over 20 year period

5. 5 The potential is significant and it will get easier to deliver not harder What do you want to do and why? What’s the business strategy to achieve it? Can you draw in the right skills/expertise to deliver? Focus on building confidence & momentum Do the easy things first & learn from anyone and everyone who is further ahead than you Build local/sub regional partnerships Summary

6. 6 web: bwce.coop twitter:@BWCE email: peter.andrews @ bwce.coop