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Brighton Energy Coop

Governance and people

Brighton Energy Coop is the trading name of Brighton Energy Ltd, a Community Benefit Society registered under the Co-operative and Community Benefit Societies Act 2014, registered with the Financial Conduct Authority No. 31107R

The Society

Brighton Energy Coop sprang to life in 2010. After six months of planning 8 people invested the start up capital that led to the first share launch in 2012. During this period 120 people joined Brighton Energy Coop, and it built its first solar PV systems.

Since then Brighton Energy Coop have been mentored by many different organisations and have achieved press coverage both locally and nationally. More than 500 people are now Brighton Energy Coop members; the business has raised £1,900,000 and built many big solar PV systems. For a detailed look at how it got started check out the Sussex University research project on Brighton Energy Coop here.

Governance

Brighton Energy Coop holds an Annual General Meeting at which the board of directors is elected from the membership, and it provides further information to members in the form of  Audited Accounts.

Executive Team and Directors

Directors' remuneration

None of the directors are paid for their role as Directors but Brighton Energy Coop pays remuneration to Will and Damian for providing administrative support to Brighton Energy Coop

Similarly Brighton Energy Coop pays Will, Damian and others for project development services, to bring new projects forward. For the financial year 2017/18, Will Cottrell and Damian Tow received £25,000 each for project development and administration services to BEC.

Directors' holdings

The directors are all members of the Society.

Conflict of Interest

The rules of Brighton Energy Coop include provisions relating to potential conflicts of interest; related party activities are disclosed and dealt with according to the rules. For further information see the website: www.brightonenergy.org.uk/documents.

Employee satisfaction

Brighton Energy Coop does not currently monitor employee satisfaction

Diversity

The Brighton Energy Coop board is 25% female (1 out of 4 Directors). 

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