GMCR has finalised our offer to schools and community buildings. We will provide free solar panels and a discount of 20% on the cost of the electricity generated by the panels.

Once we have raised investment from the community to pay for the cost of installing the panels, our ongoing income will come from the sale of electricity to the sites, the export tariff (for any electricity the site doesn’t use which goes into the National Grid), and the Feed In Tariff (the payment received by generators of clean energy).

Our ongoing expenditure will include insurance, maintenance and administration, and share interest payments to members who invested, after which surplus profits can be saved as reserves and/or distributed to community projects to reduce carbon emissions.