Our offer?

CEP intends to install roof top solar panels at local schools, colleges and businesses in Preston and more broadly, the North West of England. The process for how this will work in practice is as follows:

*CEP will raise the total cost of the solar PV installation from a community fund-raise.

*Sell the solar PV-generated electricity to you at an agreed discounted index linked rate, thus delivering energy cost savings to you.

*We will provide a well-tested lease and Power Purchase Agreement.

*Community Energy Preston will undertake all of the pre-installation development activities.

* Sell the solar PV-generated electricity to you at an agreed discounted index linked rate, thus delivering energy cost savings to you.

*CEP would sell the solar PV-generated electricity at an agreed discounted index-linked rate, thus delivering energy cost savings to the organisation.

*Undertake all of the pre-installation development activities. application for a Certificate of Lawful Development or planning permission application.

*Manage the complete procurement and installation of the PV project, including structural and asbestos surveys.

*Use the revenue from the sale of the PV-generated electricity to make interest payments and investment repayments to the Community Energy Preston investors.

*Allocate profits to an independent community fund to support local community groups to deliver projects to cut carbon emissions and reduce fuel poverty.

*Highlight the energy actions of all our community partners on our website, newsletter and in our publications.

We hope to carry out this installation during the start of 2025, after the launch of our initial share offer.

More information can be found within the download below.