Yealm Community Energy Ltd was registered as a member-owned Community Benefit Society, with the Financial Conduct Authority in July 2015. It was established to bring local renewable energy installations such as solar farms into community ownership.
Following surveys of potential sites with low environmental and visual impact, we identified two solar farms with potential to bring into community ownership and thus to retain the profits to fund local projects. In the future we hope that it will be possible to sell electricity to local consumers at favourable prices.
We are very grateful for support received from Communities for Renewables (CfR); Community Owned Renewable Energy (CORE Partners), which is backed by Power to Change and Big Society Capital; REGEN; Community Energy England and the SouthWest Devon Community Energy Partnership.
Help our community to have control over its energy supply
The big energy suppliers take all the profits from the electricity and gas that we use. Help us to own the clean energy sources that we have here in South Devon and to use the profits for local projects. Invest now, and in the future this will also help to bring down energy costs for local people. We hope to add storage eventually as well as supplying cheaper electricity to local consumers.