November Update on HKD Energy

Launch Event
We’re ready – are you?
The HKD Energy Downlands School Solar Project will launch on:
Saturday, 8th November at Downlands School* from 2.30-4.00 pm.
At the launch event we’ll tell you all about the project and how it works, and the investment opportunity it presents, along with some of the reasons why we think it’s important. Our detailed Share Offer document will be available and includes the application form for shares.

Norman Baker MP will talk about the energy challenges we face as a country, and the government’s support for community energy.  Howards Johns, one of the founders of OVESCo and a national leader in community energy will talk about the vision and potential of community energy to change how the energy system works.

We’ve also been working with the Downlands Eco Club, a group of enthusiastic students who are ready to start the ‘solar revolution’.  We’ve organised a competition for Downlands students on this theme, with prize-winners to be announced at the launch event.

Downlands School solar facts

  • The 266 solar panels will produce over 80,000 kilowatt hours each year – enough power to make 4 million cups of tea.
  • Downlands School will save around £150,000 in electricity costs over the next 20 years, as a result of the cheaper electricity provided by the project.
  • The school will not pay anything for the solar panels themselves.  Instead the project will be entirely funded by investors from the community.
  • Investors can buy shares from a minimum of £250 to a maximum of £10,000.
  • HKD Energy intends to pay interest on investments at approximately 4%, and plans to repay investments in full during the 20 year project.

Come and join us if you can at Downlands School on 8 November.  If you can’t make it to the launch the Share Offer and other investment documents will be on our website www.hkdenergy.org.uk/how-to-invest/.

We hope you will be able to join us!

*Downlands School – Dale Avenue, Hassocks, BN6 8LP

HKD Transition News
For news of the HKD Quiz and Pizza Night on 14th November and other current topics, please check the HKD Transition website.  You can also opt to receive the newsletter each month – by signing up on www.hkdtransition.org.uk or by email to newsletter@hkdtransition.org.uk.

Chris Handel, Chair                 John Willis, Secretary
Juliet Merrifield, Treasurer       Darren Berman, Director
Bec Hanley, Director

HKD Energy  (www.hkdenergy.org.uk)
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