May 2016 newsletter
This newsletter contains an update on all our projects, the latest on the EIS tax allowances for the Ham Lane solar array, plans for the official opening at Ham Lane, and a members’ survey.
The Moorhouse array has now been generating continuously for over a year. It celebrated its first birthday of continuous operation on 17 April and by the end of April had generated just over 2 million kWh of electricity and saved over 1000 tonnes of CO2. It has been operating above the guaranteed output by around 7%.
The Ham Lane array has been in operation for 5 complete months and is demonstrating even better performance than Moorhouse. Since commissioning it has generated just over 292,000kWh of electricity making a saving of 153.3 tonnes of CO2.
EIS for Ham Lane shareholders
The Ham Lane array has been operating for more than four months so we have now applied to HMRC for the EIS certificates. We anticipate that these will be with us by the end of May. These need to be completed and sent to members so should be with you by the middle of June. Information on completing your tax return or otherwise claiming the EIS tax rebate can be found on the website HERE.
Official opening of Ham Lane Solar Array on Saturday 16 July
The last item is a members’ survey: we are committed to seeking guidance from our members about the future of LCG and so hope as many of you as possible will complete the survey which should take no more than 10 minutes. As an encouragement we are offering a prize of £50 to one lucky person who completes the survey – we will choose the name randomly at our next board meeting on 26 May so make sure you respond before then.
To complete the survey please click HERE
Chair, Low Carbon Gordano
tel: 07976 320445