Energy co-op Gen Community’s latest share offer, which aims to raise £880,000 to fund the installation of solar panel systems at 25 Staffordshire schools, closes on April 30. With just over a week left, it has produced a video to explain more about the project.
Investors can invest between £500 and £150,000 for an annual projected return of 6.91%. Those who claim the Enterprise Investment Scheme (EIS) tax relief will get projected returns of 10.48% (as well as being exempt from capital gains tax or inheritance tax).
Meanwhile, if successful, the project will save 7,329 tonnes of carbon dioxide and provide the schools with energy bill savings worth up to £2.8m over 20 years. Some 15,000 children will immediately benefit as a result.
One investor recently said, “I’m a believer in doing my bit for the planet, but I’ve actually used the inheritance tax benefits as the reason for investing. As long as I survive for two years, the money I have invested falls outside of my estate for inheritance tax purposes, saving my children 40% tax bills. I also receive the income tax reduction of 30% of my investment, which I’m very pleased about. All I have to hope is for the sun to shine for some of the year!”
Investment in Staffordshire Sunny Schools is open until April 30 2014. The share offer can be downloaded from the Gen Community website.
Staffs Sunny Schools – share offer closes 30/04/2013 www.gen-community.co.uk from Gen Community on Vimeo.
In accordance with the Financial Services and Markets Act 2000, Blue & Green Communications Limited does not provide regulated investment services of any kind, and is not authorised to do so. Nothing in this article and all parts herein constitute or should be deemed to constitute advice, recommendation, or invitation or inducement to buy, sell, subscribe for or underwrite any investment of any kind. Any specific investment-related queries or concerns should be directed to a fully qualified financial adviser.
‘The children see these solar panels every day. They see it as the norm now’
Solar co-operative seeks £880,000 for Staffordshire schools project
Four Staffordshire schools set to benefit from solar co-op project
Solar co-operative gives investors a share in Plymouth’s green future
Community Energy Strategy launched to help local renewables projects
Like our Facebook Page
How Cities In Canada Are Addressing Climate Change
10 Tax Incentives for Businesses That are Lowering their Carbon Footprint
How to Manage Anxieties About Climate Change
Green Brands Must Understand Their Customers to Market Wisely
Key Necessities for Starting an Eco-Friendly Freelance Business
6 Ways To Overcome Cash Flow Challenges as a Green Business
Going Cashless Lowers Our Carbon Footprint and Has Other Pros and Cons
How to Be as Eco-Friendly as Possible on a Trip to New York
Why Brazed Plate Heat Exchangers Are Eco-Friendly
6 Steps For Making Crypto & Blockchain Eco-Friendly
Building a Career in Green Construction: Tips and Insights
Top 5 Benefits of Workplace Sustainability
The Role of Smart Technology in Managing EV Charging Stations
4 USA Vacation Destinations for an Eco-Friendly Trip
6 Wastewater Management Tips to Reduce Water Pollution
Why Internet Faxing Is A Sustainable Business Move
5 Ways Eco-Friendly Employers Can Boost Efficiency
What to Look for When Choosing an Eco-Friendly Locksmith
Flexible Return Policies Can Make Retail More Sustainable
Using Green Patents to Drive Sustainability & Eco-Friendly Designs
- Environment3 months ago
6 Home Improvements You Can Make to Help the Environment
- Environment10 months ago
4 Countries That Have Banned Single-Use Plastic
- Features9 months ago
5 Huge Support Tips for Eco-friendly eCommerce Brands
- Environment7 months ago
How to Ensure Your Home’s Eco-Friendly During Construction?