You become a member of Bath & West Community Energy (BWCE) by buying shares.
There will be an new offer to buy shares in 2013. To be kept informed of our latest issue click the blue box on your left to register, without obligation, your interest
We aim to pay members a real return in excess of the long run Retail Price Index (RPI), currently 3.5%. We are projecting an annual return of about 7.0% but this could change if RPI changes. We are able to do this because our income from the Feed In Tariff (FIT) is linked to RPI for the 25 year lifetime of the FIT Scheme. This is subject to actual performance of our company and is not guaranteed.
Shares are available to everyone over 16 years of age.
Each share is worth £1
The minimum shareholding is £500 and the maximum £20,000.
Each shareholding, no matter the size, is entitled to one vote in the company.
Your investment should be considered medium to long term.
Subject to IR approval your shares will be eligible for Enterprise Investment Allowance (EIS). This means your investment will be eligible for tax relief, click here for more details.
In order to protect the company:
Shares can be withdrawn but at the discretion of the directors and unless under certain circumstances not within the first 3 years of issue.
Shares are not transferable except on death or bankruptcy of the shareholder
As an Industrial and Provident Society membership of BWCE is governed by the Rules. A complete copy of the rules is available on request.