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TT Conference 2012
About OVESCO

•Set up by a group of Lewes residents who meet at a Transition Town Lewes
Open Space day in 2006 about energy

•Two companies Ouse Valley Energy Services Co Ltd (2006) and OVESCO
Limited an Industrial & Provident Society for community benefit (2010)
Working with Transition Town Lewes and others – energy advice and grants
So you want to set up a community energy project?

                       • Cash

                    • Confidence

                   • Commitment

                • Community Benefit

You are building a sustainable business for the future

You are looking after peoples hard earned money!

      You are creating a new kind of company

                     REconomy
It’s hard work, but it’s also FUN & REWARDING

         Share launch night in 2011
Our 1st Community energy project Harveys Brewery warehouse PV project

•   Successful launch of 1st share issue - raised £356,810 with 247 investors

•    The Harveys PV project - 98kWp 545 PV panels – Capital investment £306,000 inc
    setup costs – project commissioned 27th July 2011

•   Total generation for year 1st year – 92,100 kWh almost reaching our prediction of
    92,361 kWh in low a sunlight year for PV generation

•   Calculated Income from generation for 1st year - Feed-in-Tariff (£31,088) & Invoiced
    export to grid (£) = £357 Total = £31,445
                                                                 14000

                                                                                                    Total Generation:- 92,100 kWh
                                                                                                    Used by Harveys:- 73,540 kWh (79%)
                                                                 12000                                                                                                       18%
                                                                                                    Exported:-         19,355 kWh (21%)                             17%
                                                                                                                                                                                     17%

                                                                 10000            31%

                                          Monthly Output (kWh)                                                                                            27%
                                                                 8000
                                                                                                                                                 21%                                          Export
                                                                                           25%
                                                                                                                                                                                              Harveys Use
                                                                 6000                                                                                                        82%
                                                                                                                                                                    83%
                                                                                                                                                                                     83%
                                                                                                    23%
                                                                                  69%
                                                                 4000                                                                                     73%
                                                                                           75%                                          14%      79%
                                                                                                             9%                 7%
                                                                                                    77%                7%
                                                                 2000
                                                                                                                                        86%
                                                                                                             91%               93%
                                                                         45%                                           93%
                                                                         55%
                                                                    0
                                                                         Jul-11   Aug-11   Sep-11   Oct-11   Nov-11   Dec-11   Jan-12   Feb-12   Mar-12   Apr-12   May-12   Jun-12   Jul-12
                                                                                                             First Year 30th July 2011 - 29th July 2012
2012 Projects – PV is easy to get started on, but watch the incentives (FiT & ROC’s)

More Government policy to support social enterprises would help!

Recent projects installed in July 2012:

•Project 2 - Priory School 35kWp – Supported by the schools Eco Group
•Project 3 - Barcombe Nurseries 9Kwp – On site chillers match PV generation
•Project 4 - Brickyard Farm 19.5kWp – The Secret Campsite & edible garden




Total invested in PV to date for all four projects (161.5kWp) = £416,966

Some of the income is set aside to manage the projects and keep OVESCO in business
Income & comparing the projects – Current ROI before project costs




             Harveys           Priory            Brickyard       Barcombe
             Depot             School            Farm            Nursery
Cost         £306,000          £59,833           £33,533         £17,600

Rating       98 kW             35 kW             19.5 kW         9 kW

Predicted    92,300 kWh p.a.   40,580 kWh p.a.   18,525 kWh p.a. 8,216 kWh p.a.
Output
Predicted    £31,445 p.a.      £6,168 p.a.       £2,815 p.a.     £1,380 p.a.
Earnings
Return on    10.2% p.a.        10.3% p.a.        8.4% p.a.       7.8% p.a.
Investment
What’s next?

• We are currently undertaking a feasibility for a 50-250kWp community wind turbine
identified in LEAF funded report for Barcombe Parish

• We looked at a CHP biomass district heating scheme using LEAF funding




• We are seeking potential sites for a field scale PV array in East Sussex and OVESCO
welcomes land owners to come forward with potential sites of a community project

• We are constantly investigating new locations for potential renewable energy project

• We are working with other communities to share knowledge and skills to develop
community projects with a financial return on investment

• We have continued to support the local community with advices on energy efficiency
Some barriers, questions and solutions

• The Feed-inTariff is amazing, but cut backs have seen it’s potential eroded especially
for community energy projects. The industry has shrunk in size!

• We need clear policy and stability - December 2011!

• Is the Government committed to community lead renewable energy?

• Look at what Germany has done with the Feed-in Tariff, 25% of day time electricity
from PV one day in the summer!

• Renewable Heat Incentive (RHI) and community? Woolhope Woodheat is one
example!

• How do we scale up?

• Switch suppliers – Friends of the Earth Campaign support Good Energy & Ecotrcity

• A voice for community energy projects – Community Energy Network?
This is only the beginning for us




You need support? OVESCO has been working with
Do it yourself peoples power stations!
        How can we help you?
          www.ovesco.co.uk

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Transition Network Conference 2012 - Community Energy Workshop - Ovesco

  • 2. About OVESCO •Set up by a group of Lewes residents who meet at a Transition Town Lewes Open Space day in 2006 about energy •Two companies Ouse Valley Energy Services Co Ltd (2006) and OVESCO Limited an Industrial & Provident Society for community benefit (2010)
  • 3. Working with Transition Town Lewes and others – energy advice and grants
  • 4. So you want to set up a community energy project? • Cash • Confidence • Commitment • Community Benefit You are building a sustainable business for the future You are looking after peoples hard earned money! You are creating a new kind of company REconomy
  • 5. It’s hard work, but it’s also FUN & REWARDING Share launch night in 2011
  • 6. Our 1st Community energy project Harveys Brewery warehouse PV project • Successful launch of 1st share issue - raised £356,810 with 247 investors • The Harveys PV project - 98kWp 545 PV panels – Capital investment £306,000 inc setup costs – project commissioned 27th July 2011 • Total generation for year 1st year – 92,100 kWh almost reaching our prediction of 92,361 kWh in low a sunlight year for PV generation • Calculated Income from generation for 1st year - Feed-in-Tariff (£31,088) & Invoiced export to grid (£) = £357 Total = £31,445 14000 Total Generation:- 92,100 kWh Used by Harveys:- 73,540 kWh (79%) 12000 18% Exported:- 19,355 kWh (21%) 17% 17% 10000 31% Monthly Output (kWh) 27% 8000 21% Export 25% Harveys Use 6000 82% 83% 83% 23% 69% 4000 73% 75% 14% 79% 9% 7% 77% 7% 2000 86% 91% 93% 45% 93% 55% 0 Jul-11 Aug-11 Sep-11 Oct-11 Nov-11 Dec-11 Jan-12 Feb-12 Mar-12 Apr-12 May-12 Jun-12 Jul-12 First Year 30th July 2011 - 29th July 2012
  • 7. 2012 Projects – PV is easy to get started on, but watch the incentives (FiT & ROC’s) More Government policy to support social enterprises would help! Recent projects installed in July 2012: •Project 2 - Priory School 35kWp – Supported by the schools Eco Group •Project 3 - Barcombe Nurseries 9Kwp – On site chillers match PV generation •Project 4 - Brickyard Farm 19.5kWp – The Secret Campsite & edible garden Total invested in PV to date for all four projects (161.5kWp) = £416,966 Some of the income is set aside to manage the projects and keep OVESCO in business
  • 8. Income & comparing the projects – Current ROI before project costs Harveys Priory Brickyard Barcombe Depot School Farm Nursery Cost £306,000 £59,833 £33,533 £17,600 Rating 98 kW 35 kW 19.5 kW 9 kW Predicted 92,300 kWh p.a. 40,580 kWh p.a. 18,525 kWh p.a. 8,216 kWh p.a. Output Predicted £31,445 p.a. £6,168 p.a. £2,815 p.a. £1,380 p.a. Earnings Return on 10.2% p.a. 10.3% p.a. 8.4% p.a. 7.8% p.a. Investment
  • 9. What’s next? • We are currently undertaking a feasibility for a 50-250kWp community wind turbine identified in LEAF funded report for Barcombe Parish • We looked at a CHP biomass district heating scheme using LEAF funding • We are seeking potential sites for a field scale PV array in East Sussex and OVESCO welcomes land owners to come forward with potential sites of a community project • We are constantly investigating new locations for potential renewable energy project • We are working with other communities to share knowledge and skills to develop community projects with a financial return on investment • We have continued to support the local community with advices on energy efficiency
  • 10. Some barriers, questions and solutions • The Feed-inTariff is amazing, but cut backs have seen it’s potential eroded especially for community energy projects. The industry has shrunk in size! • We need clear policy and stability - December 2011! • Is the Government committed to community lead renewable energy? • Look at what Germany has done with the Feed-in Tariff, 25% of day time electricity from PV one day in the summer! • Renewable Heat Incentive (RHI) and community? Woolhope Woodheat is one example! • How do we scale up? • Switch suppliers – Friends of the Earth Campaign support Good Energy & Ecotrcity • A voice for community energy projects – Community Energy Network?
  • 11. This is only the beginning for us You need support? OVESCO has been working with
  • 12. Do it yourself peoples power stations! How can we help you? www.ovesco.co.uk