Statement of Directors’ Earnings

April 2015 to March 2016

During the last financial year BWCE have paid Executive Directors the following for their work on BWCE operations and project development work.

Directors’ Earnings

Peter Capener: £12,000

Payment for Professional Services

Peter Capener: £30,003

Jeff Kenna: £7,540

The Non Executive Directors, elected by members, are voluntary posts.

Earnings from Shares

Directors will earn interest on any investment they make in Bath & West Community Energy on exactly the same basis as any other member.

The Executive Directors hold the following shares in Bath & West Community Energy, representing less than 2% of all member shares.

Peter Capener: £500 directly and £19,500 via pension

Jeff Kenna: £20,000