2013 business project: Oxford Bus Company
Our 2016 share offer raised a total of £1,823,600.00 through two share classes: (1) our Solar PV share class raised £1,010,350, and (2) our Hydro share class raised £813,250.
Hear about future offers
What are the projects in our 2016 pipeline?
Investors in our Solar PV share offer are supporting a portfolio of 14 solar PV installations on school and business rooftops across Oxfordshire, including the two biggest community-owned solar rooftops in the UK, on Prodrive and CTG in Banbury. 13 of these projects are now built.
Investors in Sandford Lock Hydro are helping to return the Lasher Weir to its historic role as a provider of clean energy. This hydro project will generate 1,600 MWh per year -- the equivalent demand of 450 homes, or most of Sandford. Construction on this project began in September 2016.
Reasons for investing
- 13 of 14 projects in the Solar PV share offer were pre-accredited with the pre-cuts Feed-in Tariff and are the last community energy projects in the UK to benefit from this favourable rate
- These shares can qualify for inheritance tax exemption
- With the new Personal Saving Allowance (PSA) you may be able to earn up to £1000 in interest from your shares tax free
- As a social developer working within a community-benefit model, 100% of our own surplus revenue is ploughed back into our mission to create a renewables-based energy system in Oxfordshire. This is what separates us from commercial developers. Find out more about the energy system we are working towards in our Low Carbon Hub Community Energy Manifesto.
What the experts say
LISA ASHFORD, CEO of Ethex, the not-for-profit, positive investment online platform: "Non-traditional investment products [like community energy projects] offer an alternative opportunity in this climate [of lower interest rates]. With the benefit of returns forecasted from 5%, much higher than many savings accounts, UK-based community energy share and bond offers could offer a relatively safe haven in a stormy environment."
CHRIS GOODALL, Renewable energy analyst, and author of The Switch (July 2016): "As interest rates fall to zero and below, it really makes sense to put spare money into the last FiTs-based solar projects."
How do we generate the revenue to pay our costs and investors
We receive revenue from selling renewable energy to the schools and businesses that host our solar PV projects, from the feed-in tariff and from selling clean energy to the national grid.
What people are saying
With interest rates falling to zero and below, it really makes sense to put spare money into the last remaining FiT-based projects.
Chris Goodall Renewable energy analyst, and author of new solar power & storage book, The Switch (July 2016)
The Low Carbon Hub is a really good example of a pioneering social enterprise and Oxford Capital shares its ambitions to scale-up renewable energy. We are delighted to support the team in their imaginative and tenacious work
Edward Mott Managing Partner, Oxford Capital
Love this idea – and it’s definitely time to shake up the way we generate and use energy! Happy to be a small investor
Sir Richard Branson Founder, Virgin Group
Investing in the Low Carbon Hub ticks all the boxes… with a fair rate of return and tax breaks to boot, putting my money into the Hub is just common sense.
Peter Thompson Chair, Oxford Civic Society
Oxford Bus Company is proud to be the first local business to partner with the Low Carbon Hub on a renewables scheme. Now we are green on our buses, green in our depot, and green on the roof too!
Luke Marion Finance Director, Oxford Bus Company
The Low Carbon Hub was incredibly helpful in supporting us to develop and market our share offer for Osney Lock Hydro. Investing in the Low Carbon Hub will enable other community energy projects like ours to become a reality.
Saskya Huggins Director, Osney Lock Hydro
We are delighted to be working with Low Carbon Hub to increase renewable energy production in Oxfordshire. This is a scheme which benefits Norbar, the local community and the environment.
Catherine Rohll Commercial Director, Norbar