Edinburgh Community Solar Co-operative (ECSC) is a Society that is guided by the Principles of Co-operation and owned by its members. It offers Edinburgh residents an opportunity to own the generation of clean, green, renewable energy. Members elect directors and each member has one vote regardless of the number of shares held. Members are protected by limited liability and are only obliged to contribute the initial cost of their shares.
The Society is run by a Board of Directors. The Board is currently working with Energy4All and City of Edinburgh Council to develop solar panels on 25 buildings within the city. Edinburgh Community Solar Co-operative has decided to work with Energy4All and use their experience of developing and managing renewable energy co-operatives. We also want to ensure that local people share in the benefits from the project through an ethical investment.
A Community Benefit Society is the legal entity which enables the community to own assets such as a solar scheme. A Society subscribes to co-operative values which include
• a commitment to equality, fairness, honesty and social responsibility
• It also follows key principles such as operating in a democratic manner (one member one vote –regardless of how large or small a member’s investment).
In line with these principles, ECSC aims to maximise the social, economic, and environmental benefits of renewable energy schemes to the community. We would like to see individuals and businesses from all over Edinburgh getting involved in the Society and so make a real practical contribution to the fight against climate change while earning a reasonable return on an ethical investment.