Cardiff Community Energy limited is registered with the Financial Conduct Authority as a Society for Community Benefit. Our five directors give their time voluntarily. We plan to finance solar PV installations by selling community shares. Shares will be offered for sale to anyone who agrees with our aims, but priority will be given to local people. Anyone who buys our community shares will become a member of Cardiff Community Energy. We will operate on a one-member-one-vote basis but are legally bound to always keep to our registered aims of providing community benefit through renewable energy systems.
We aim to be open, transparent and democratic. Societies for Community Benefit are non profit making. Share holders can be paid interest on their investment at a level high enough to attract investment. Some of the income from our installations will be paid into a community benefit fund.