July 2016 newsletter
This newsletter contains news of the EIS certificates for Ham Lane, an update on all our projects, a reminder of the official opening at Ham Lane, and feedback on the members’ survey.
EIS for Ham Lane shareholders
The EIS certficates have now been obtained from HMRC and are now being sent out to members that invested in the society through the Ham Lane share offer. You should receive them early next week. Information on completing your tax return or otherwise claiming the EIS tax rebate can be found on the website HERE.
The share administrator has asked me to remind members, if you have not already done so, to let her have details of your bank account so that interest payments can be made promptly following the AGM at the end of September.
The contact address is: firstname.lastname@example.org
Please note: the AGM this year will take place at 7:30pm on Tuesday 27 September. More details will be provided nearer the day.
The Moorhouse array has now been generating continuously for 15 months. By the end of June it had generated just under 2.5 million kWh of electricity and saved nearly 1,300 tonnes of CO2. Despite a distinctly cloudy June, overall it has been operating above the expected output by around 6.5%.
The Ham Lane array has been in operation for 7 complete months and is demonstrating even better performance than Moorhouse. Since commissioning it has generated just over 540 MWh of electricity making a saving of 283 tonnes of CO2. Overall it has performed nearly 11% above expected.
Click on the projects above to see more details.
You can see an aerial video of the Northleaze School solar panels HERE
Reminder of the official opening of Ham Lane Solar Array on Saturday 16 July
Many thanks to the 135 members who took part in the members survey. One lucky member has received his prize of £50!
The results largely confirmed our expectations as to the views of members on our projects going forward and your attitude to future interest rates.
You can see the results HERE.
Community Benefit Fund
The fund committee have now reviewed the applications received and will be making final decisions at their July meeting. Bob Langton who chairs the committee said that he was delighted by the range and quality of the applications: if they are implemented there should both be a significant benefit to communities in our area, and very worthwhile carbon savings.
More information on the fund can be found HERE.
Chair, Low Carbon Gordano
tel: 07976 320445