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Generating community energy for social impact
Working with local authorities
Community Energy Conference – 5th Sept 2015
Saïd Business School
Jamie Mansfield – Director Gen Community
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Background
My journey
Energy engineering masters graduate
Co-founded Gen Community (solar PV to combat fuel poverty)
£1m+ community investment (wind/solar PV)
Design projects for maximum social impact
REA 2014 Community Energy Award – “innovative finance”
Cabinet Office funding to develop Solar Social Bond model
Partnership with British Gas & Social Finance to scale
Community Energy Model Rules 2015 – Sponsoring body
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Gen Community model
Our approach
Deliver locally owned & governed energy projects
Offers genuine alternative to commercial models
Aim is to maximise social impact and long term benefits (not just about electricity!)
Working with local authorities and housing associations (strong need & scalable)
Collaboration with other community groups
Creates locally governed community benefit societies to distribute funds
£5m+ projects (e.g. 2500 homes)
Scalable and looking beyond solar PV – Energy Service Company model
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Scaling community energy for social impact
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How it works
“Community Power Company”
Community Benefit Society
Development & asset management agreement
Institutional debt investor
LocalCommunity
Fund
Community investors
EIS Shares
Amortising bond
Board position of CBS & community fund
80% of Capital
20% of Capital
All projectsurpluses
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Summary:
17,211 council owed homes
circa 6,800 tenants on prepayment meters (segment survey)
24%-34% of children live in poverty (NorthernHousingConsortium.org 2014)
10% of housholds in fuel poverty (DECC 2014)
Forecasted £17.8m household electricity savings
£2.5m+ community fund to deliver targeted support:
fuel & debt clinics
“green doctors”
Barnsley MBC Community Director to assist in delivery
Energise Barnsley
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What can prove difficult:
Speed of decision making at LAHAs
Maintaining momentum of LAHAs & unlocking key personnel
Unravelling complexity of community model and multi stakeholders
Understanding governance & sign off process (asset/legal/finance signoff)
Procurement/OJEU?
Policy impacts – digression, right to buy, DECC inconsistency
A ‘free solar model’ – so where is the hook, commitment, risk management?
Combining low carbon technologies, finance, policy, social impact, community
engagement and legal all in one model
Challenges
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Generation Community Limited34 Bedford Row,
London
WC1R 4JH
0207 611 5285
James Mansfield
07747 335841
James@gen-community.co.uk
With thanks to Holly Southall from Millbrook Primary School, Newport
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