SidEnergy has identified a £15 million drain of resources from the Sid Valley in the form of energy use.
As energy bills continue to rise, this £15 million is only set to increase. So what can we do to protect ourselves against further increases?
SidEnergy has been created to empower the residents of our local area to take more control of their energy use.
If you want to reduce your bills and support the move towards clean renewable energy in the Sid Valley, then sign up to our mailing list, or email us for more information.
To read about our launch event click here.
SidEnergy has been created by members of the community, to work for the community.
Together we will work towards increasing the Sid Valley’s financial energy security.
Set up as an Industrial Provident Society, for the benefit of the community it is designed to make economic, social and environmental sense.
SidEnergy will be informed by several principles and founding directives:
- SidEnergy will seek to save and generate local renewable energy, in order to reduce the 15 million energy bill drain
- SidEnergy aims to engage the entire population, not just those concerned with energy issues
- SidEnergy will provide economic and social benefits back to the community in the form of a community fund
Through these principles we will be working towards three different projects that we will be adding more information on soon.
These projects are:
- Energy purchasing club. This is the bulk purchase of gas and electricity from a chosen supplier. A recent DECC reportoutlined that the average annual saving per household from this is £131.
- Buying clubs. Through our Open Homes programme (launching soon) SidEnergy will work with local suppliers and installers to receive discounts for members on renewable energy technologies and energy saving measures.
- Share offer. SidEnergy’s will scope the feasibility of suitable local renewable energy projects, which will result in the opportunity for members to buy shares in them.
SidEnergy | Home | Sid Valley's community energy cooperative
Twitter / YouGenUK: Off to the launch of SidEnergy ...
See also: Sid Valley group seeks solutions to energy use - News - Sidmouth Herald
Futures Forum: SidEnergy launch Thursday 14th November... cutting energy bills
Futures Forum: Energy firms receive £1bn for green measures before they are carried out: the Energy Company Obligation
Futures Forum: "... a reckless use of public money at a time when people are very concerned about energy costs.”