Cambridgeshire County Council is keen to hear your views on community energy and what we need to do to support local people to contribute to our county wide aims for a Net Zero Cambridgeshire by 2045.
Community energy in the UK comprises of 206 MW of solar, 113 MW of wind, 12 MW of hydroelectric and 4.7 MW of heat generation capacity with most projects being rooftop solar technology.
The project build costs can be funded from grants, community share offers, bonds and/or loans. To secure investment, projects need to be able to generate a return, typically around 5%. Projects generate the revenue to cover operating costs and sell electricity to the grid through Power Purchase Agreements. Surplus income is often invested in other projects to benefit the community.
Is this something your local community is interested in? If so, please review our ideas and let us know how we can help you and your ambitions by sharing your feedback as we develop our offer to communities.
The deadline for completing the survey is Monday 16 September 2024.