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Chase Community Solar - NOW FULLY SUBSCRIBED

Governance and people

Please note that this information is no longer updated and is for reference purposes only.

Chase Community Solar is overseen by a voluntary board of directors. It is owned by its investors with each member having one vote. 

Governance

The full rules of the Society are available here.

Total number of shares in issue

34,250 shares have been issued through the pioneer share offer and one share to each of the founding directors.

Annual General Meeting

Each shareholder, whatever the relevant stake, automatically becomes an equal society member of the Chase Community Solar Limited on a one member one vote basis. The First annual general meeting will be held in June 2015.

People

Management

Chase Community Solar's board is made up of a set of qualified directors all of whom are also on the board of Southern Staffordshire Community Energy, which has been the primary driver for setting up CCS Ltd.

Non-executive directors

Management contract

Chase Community Solar has entered into an agreement with Sharenergy under which they are assisting with the preparation and management of the share offer on behalf of the Society.

Sharenergy is a Shrewsbury-based co-operative that helps community groups to establish community owned renewable energy co-operatives. It is a spin-off from Energy4All, a not-for-profit company that owes its origin to the Baywind community wind co-operative in Cumbria.

Further information on Share Energy can be found here.

Solar Panel installers

The Society's preferred contractor is J Tomlinson who have nominated their team for the project and have been working with the Society and the Council on the project. Following the share launch the final contract will be agreed. 

As long as certain conditions are complied with, roof mounted solar panels are treated as a “permitted development” and as such, an application for planning permission is not needed.

In order to be eligible for the feed in tariff, the equipment that is installed, and the company that carries out the installation, must be certified under the Microgeneration Certification Scheme (MCS).
 

Directors remunerations

 No remuneration has been paid by the Chase Community Solar Limited to the Directors.

 When the PV installation are generating electricity, each Director will be entitled to claim fees and/or expenses not exceeding £50 p.a. in addition to travel expenses.

Directors holdings

The total intended shareholdings of the directors amounts to £31,000 in aggregate between this share offer and the pioneer share offer.

Diversity

Female directors: There are currently two female directors.

Employee satisfaction

The Society has no direct employees.

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