Climate Change

Invest in solar schools
30 June 2011

Guildford and Waverley Friends of the Earth is helping the local community to take advantage of the Government's Feed-in tariffs with the launch of a community-owned energy co-operative.

Wey Valley Solar Schools Energy Co-operative is looking for investors who want to make a real difference with their money.

Individuals are invited to help raise the £670,000 to fund the installation of solar PV panels on 5 secondary schools near Guildford in Surrey.

The share offer opened on 16 September 2011, and closes on 15 November 2011, unless they reach the target ahead of this date. It is open to anyone with between £250 and £20,000 to invest.

It's been really exciting and rewarding to work with local schools on this project. We even have a fantastic logo designed by one of the students. It's involved a lot of work, but we hope other communities will be able to benefit from our experience and do something similar.

Kathy Smyth, Guildford and Waverley Friends of the Earth

Wey Valley Solar Schools logo

 

The logo was designed by Ruth Ewing, a student at the Godalming Sixth Form College. It represents the River Wey, the hills of Surrey and the sun that will power the solar panels. The ripples in the water spell the words 'Wey Valley'.

 

Why should you invest?

  • Good return on your investment
    Starting from 5% in the first year.
  • Local solutions to climate change
    Solar arrays of approx 50kW will be installed on Rodborough School, Milford; Broadwater School, Farncombe; Godalming 6th Form College; County School, Guildford; and Woolmer Hill School, Haslemere.
  • Support for local schools
    Financial, educational and sustainability benefits for the schools.

The Co-operative will receive income from the Feed-in tariff (a payment from energy companies to anyone generating renewable energy) and get paid for any electricity the schools don't use but export to the national grid.

The schools get free electricity from the panels and receive a share of the Co-operatives profits. They'll also get some educational materials. 

The best government policies are those that encourage local initiative ... and nowhere is this more true than the environmental agenda. It will also be great at cutting energy bills for local schools.

Jeremy Hunt MP

Find out more and request a prospectus

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Wey Valley Solar Schools cooperative

© Wey Valley Solar Schools cooperative

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