Reading Community Energy Society has launched an exciting new limited-time Share Offer, giving residents a chance to sustainably invest in local renewable energy projects.
The Share Offer aims to raise nearly £100,000 to help fund a new solar array on a Reading University building.
Investors will not only be funding solar panels on Reading rooftops, but also getting projected returns on their investment. We expect investors should receive interest targeted to be 4% per year for the first three years, rising to 5% from March 2028.
By investing in Reading Community Energy Society, members will also be supporting the wider community in working towards a low-carbon future. Excess returns are used for Community Grants that support local sustainability projects; from installing energy efficient lighting in a food co-operative, to adding insulation to a community group space.
The Reading University solar array takes the combined generation capacity of Reading Community Energy Society’s projects to more than 600 kWp energy – enough to power the equivalent of 146 homes each year.
Join a society that is passionate about cutting carbon emissions, committed to investing in our local community, and optimistic for a cleaner, greener future. We look forward to welcoming you!
The Share Offer will currently be open until February. Minimum investment is £200. For more details, and for information on how to apply, visit our Apply for Shares page.
More information about our Community Grants can be found on our Grants page.