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heres one we prepared earlier
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a community green deal...
LA ALMO RPs Trust
Building Block 1Identifying orbuilding uponopportunities
Building Block 2Developing
plans andprogrammes
Building Block 3Working
together toacheive more
Support
- LAs- RPs
- ALMOs
Support
- LAs
- RPs
- ALMOs
Support
- LAs
- RPs
- ALMOs
Delivery Body
carbon co-ops/ communitygreen deal associations
Agreed
Plans
Ongoing
Engagement
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the co-operative models...
Carbon Co-op
FinancialCo-op
In
vestorMembers
DeliveryCo-op
Consumersmembers
LA RSLs other co-ops other partners
Carbon Saving Society
Install
+ Manage
Revenue
Recovery?
FiTs / RHI
Payouts
Works
Green Deal
Repayments
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(something like) the superhome network is the key
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how the costs work?
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for example, lead with photo-voltaic installations
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you can get them on about 50%
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energy generation then retrofits
0
3750
7500
11250
15000
1 2 3 4 5 6 7 8 9
10 11 12 13 14 15 16 17 1819 20
21 2223
24 25
retrofits renewable installations
PV costs: year 1 - 3,300/kwp
year 10 - 1,904
Cost saving: 143 (35%) off electricity bill for houses with PV
on roof from
free electricity + sales to grid. Feed in Tarriff returns to
Savings Society
Installations: 6 PV installs to 1 whole house retrofit (or 2
halves?!)
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subsidise early expense...
1 2 3 4 5 6 7 8 910 11
12 13 14 1516
1718
1920
2122
2324
25
fit/rhi income bills retrofit costs pv costs
Retrofit costs: year 1-30,815year 10 - 13,886
Average gas bill 720 20,500 kwhr - reduced by 88%
Average elec bill 402 3,300 kwhr - reduced by 56%
Saving 4.3 tonnes CO2 per property
On costs: year 1 - 15%
on from year 3 - 3%
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get off the cost escalator...
1 2 3 4 5 6 7 8 910 11
1213 14 15
1617
1819
2021
2223
2425
fit/rhi income bills retrofit costs pv costs
Part funded by Feed in Tariff, Renewable Heat Incentive,
Community Energy
Savings Programme
90% of utility savings will pay for work if payments rise by 1%
a year over 25
years (average predictions for utility cost rises is 2.62%)
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and you get a business that works
0%
10%
20%
30%
40%
1 2 3 4
5 6 7 8 9 10 11 12 13 14 15 1617 18
19 2021
22 2324
25
Investments :
Shares : long term investment, dividends paid according to
savings societys
ability to pay (unlikely in first year), money can be withdrawn
with notice.
Bonds : invested for fixed term likely to be 4 years, fixed
interest payment
agreed - hopefully some will reinvest
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it can work very well...
0%
8%
15%
23%
30%
1 2 3 4
5 6 7 8 9 10 11 1213 14 15 16
17 1819 20
2122
2324
25
difference between NPV & loans issued
Returns:
On current model:
community finance at 3.75% interest, 35%
secured/bank lending at 6% interest, 65%
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contact:
charlie baker
t. 07976 793 795
e. [email protected]
www.urbed.coop
http://www.urbed.coop/http://www.urbed.coop/
