Now open for new member-investors!

In our fourth share offer we invite you to support lighting system upgrades in community buildings to reduce their energy bills and carbon footprint. 

 

Open June 5 - Sept 30

raising between £41,438 - £61,438

for 1880 bulbs & fittings

in 5 community buildings

Community Benefits
 
  • Brighter spaces for building occupants while saving approximately £295,000 on electricity bills over ten years.
  • LED light bulbs use 50% to 70% less energy use than fluorescent bulbs, avoiding 25 tonnes of CO2 emissions per year. This is equivalent to 41 flights from the UK to New York.
  • Through reinvestment the project will contribute £28,127 to our Fuel Poverty Fund, enough for Selce’s Energy Advice service to support almost 200 people.
 
As a member of Selce you:
  • Invest between £250 to £20,000
  • Choose your period of investment from 1 year to 6 years
  • Receive a forecast 4% interest
  • Become a member of a democratic community organisation

Now open for new member-investors!

In our fourth share offer we  invite you to support lighting system upgrades in community buildings to reduce their energy bills and carbon footprint.   

 

Open June 5 - Sept 30

raising between £41,438 - £61,438

for 1880 bulbs & fittings

in 5 community buildings

Community Benefits
 
  • Brighter spaces for building occupants while saving approximately £295,000 on electricity bills over ten years.
  • LED light bulbs use 50% to 70% less energy use than fluorescent bulbs, avoiding 25 tonnes of CO2 emissions per year. This is equivalent to 41 flights from the UK to New York.
  • Through reinvestment the project will contribute £28,127 to our Fuel Poverty Fund, enough for Selce’s Energy Advice service to support almost 200 people.
 
As a member of Selce you:
  • Invest between £250 to £20,000
  • Choose your period of investment from 1 year to 6 years
  • Receive a forecast 4% interest
  • Become a member of a democratic community organisation

The Cooperative
& Membership

252

members

£500k

invested

3

share offers 

11

solar arrays

2.3m

kwhs of clean electricity

550

metric tonnes of CO2e avoided 

Selce is a member-led cooperative

Anyone can own a part of the green revolution by investing and becoming a member.

Selce raises money for renewable energy projects through ‘community share’ offers. People who invest in our projects know they are helping save CO2 emissions and lowering energy bills.

 

Investors have a vote in how Selce is run and receive a return on their investment, so we really will own our local power stations together.

Join Selce’s 252 member-investors that are part of the community energy revolution.

Selce is a member-led cooperative

Anyone can own a part of the green revolution by investing and becoming a member.

Selce raises money for renewable energy projects through ‘community share’ offers. People who invest in our projects know they are helping save CO2 emissions and lowering energy bills.

Investors have a vote in how Selce is run and receive a return on their investment, so we really will own our local power stations together.

Become part of the community energy revolution.

 

252

members

£500k

invested

3

share offers 

11

solar arrays

2.3m

kwhs of clean electricity

550

metric tonnes of CO2e avoided 

This short film explains how community shares in Selce work.

What are community shares?

Community shares are an effective and democratic way for communities to secure the assets they need. They are designed so that members of a community can put their money to work to purchase any income-generating asset that is needed by the community.

They are a withdrawable, non-transferrable equity investment into a co-operative or community benefit society. It is a form of equity because the investors get a share of the organisation. It is ‘withdrawable’ because the investor can take their money out of the organisation if they choose to.

An investment in Selce is a different kind of investment.

True, like other investments, it’s a financial one but it’s different in three ways:

  • We aim to pay a return on your investment that’s currently better than most high street savings accounts or ISAs.
  • We will pay back your initial investment after 20 years.
You’ll be investing in a different energy future for South-East London. It’s an investment in a sustainable, community-owned energy infrastructure that is helping to build a fairer, greener energy future for everyone.

What are community shares?

Community shares are an effective and democratic way for communities to secure the assets they need. They are designed so that members of a community can put their money to work to purchase any income-generating asset that is needed by the community.

They are a withdrawable, non-transferrable equity investment into a co-operative or community benefit society. It is a form of equity because the investors get a share of the organisation. It is ‘withdrawable’ because the investor can take their money out of the organisation if they choose to.

An investment in Selce is a different kind of investment.

True, like other investments, it’s a financial one but it’s different in three ways:

  • We aim to pay a return on your investment that’s currently better than most high street savings accounts or ISAs.
  • We will pay back your initial investment after 20 years.
  • You’ll be investing in a different energy future for South-East London. It’s an investment in a sustainable, community-owned energy infrastructure that is helping to build a fairer, greener energy future for everyone.
Return on investment

On the basis of our financial modelling, we are able to offer an average annual share payment that is normally 3-4% of your initial investment. Our technical and financial teams have worked hard to generate a prediction of the performance of our solar arrays that is as accurate as it can possibly be.

For a variety of reasons, solar panels may perform better or worse than we predict. The annual dividend calculation is our best guess at an annual share payment. Selce is a co-operative organisation and therefore the amount of interest will be determined collectively by all of the member-investors at our annual general meetings.

Membership

When you buy Selce shares you become a member of the co-operative. In accordance with cooperative principals, all decisions are made on the basis of one member one vote, regardless of the size of shareholding. All members can stand for election to the board of directors. Becoming a Selce shareholder is therefore an invitation to get involved as much (or as little) as you like.

Selce investors are invited to the annual general meeting, receive newsletter updates and have lots of opportunities to feed into the organisation.

 

Withdrawable shares

Shares in Selce are ‘withdrawable’ not ‘transferable’ shares. They are different to shares you may have in public or other private companies. By law, you are not able to sell or otherwise transfer your investment and the project has been designed to encourage long-term investment. 

Members can apply to withdraw funds after three years, at the discretion of the board. However, subject to funds being available, a provision for withdrawal of shares is in place -through an application to the board of directors (180 days’ notice is required and applications can only be made after the first three years of the project).

Return on investment

On the basis of our financial modelling, we are able to offer an average annual share payment that is normally 3-4% of your initial investment. Our technical and financial teams have worked hard to generate a prediction of the performance of our solar arrays that is as accurate as it can possibly be.

For a variety of reasons, solar panels may perform better or worse than we predict. The annual dividend calculation is our best guess at an annual share payment. Selce is a co-operative organisation and therefore the amount of interest will be determined collectively by all of the member-investors at our annual general meetings.

Membership

When you buy Selce shares you become a member of the co-operative. In accordance with cooperative principals, all decisions are made on the basis of one member one vote, regardless of the size of shareholding. All members can stand for election to the board of directors. Becoming a Selce shareholder is therefore an invitation to get involved as much (or as little) as you like.

Selce investors are invited to the annual general meeting, receive newsletter updates and have lots of opportunities to feed into the organisation.

 

Withdrawable shares

Shares in Selce are ‘withdrawable’ not ‘transferable’ shares. They are different to shares you may have in public or other private companies. By law, you are not able to sell or otherwise transfer your investment and the project has been designed to encourage long-term investment. 

Members can apply to withdraw funds after three years, at the discretion of the board. However, subject to funds being available, a provision for withdrawal of shares is in place -through an application to the board of directors (180 days’ notice is required and applications can only be made after the first three years of the project).

The directors of Selce have designed projects to minimize risk to our members.

However as with all investments, withdrawable shares can lose some, or all, of their value as they are not protected by the government’s Financial Services Compensation Scheme or the Financial Ombudsman Service.

Minimum investment per member: £250

Maximum investment per member: £20,000

The directors of Selce have designed projects to minimize risk to our members.

However as with all investments, withdrawable shares can lose some, or all, of their value as they are not protected by the government’s Financial Services Compensation Scheme or the Financial Ombudsman Service.

Minimum investment per member: £250

Maximum investment per member: £20,000

Key Documents for Members

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A group of primary school children hold a yellow card sign that says "Thank you South East London Community Energy for our solar-tastic panles" inside a hand drawn sun.
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