Reading Community Energy Society has installed solar photovoltaic (PV) panels on the roofs of ten community buildings in and around Reading funded by a Community Share Offer, the first of its kind in Reading.
The Society delivers just over 176 kWp of solar PV over 10 community buildings including places of worship and community centres. The main aim of the project is to help reduce energy bills of the community buildings involved, improve the sustainability of our community, reduce climate change emissions and improve energy security.
The Society has been set up so that after a fair return of 5% has been paid to investors, the profits, estimated to be £260,000 over the 20 year life of the project, will go back to the community as part of a community fund.
Partner in renewable energy with Reading Community Energy Society
Following its successful first year of operation, RCES is extending its portfolio of buildings to cover a radius of 10 miles from the centre of Reading. As a consequence, the Society is seeking owners and users of suitable buildings to have renewable energy facilities (such as solar and possibly other technologies) installed on their buildings at no cost.