This website uses cookies

We use cookies and other tracking technologies to assist with navigation and your ability to provide feedback, analyse your use of our products and services, and assist with our promotional and marketing efforts. View our Privacy Policy

en10ergy

Social performance

Please note that this information is no longer updated and is for reference purposes only.

The Society aims to install renewable energy in Muswell Hill and surrounding areas, to raise awareness of climate change issues and to encourage local residents to take action.

Key Social Performance Indicators (KSPIs)

KSPIs are a measure of how the business is performing on delivering its main social or environmental purpose. Read more

KSPI 1 - Supporting learners

Both Woodside High School and Riverside School will benefit from a reduction in their electricity costs. A reduction of £1,425 is expected in the first year of operation, rising to £6,095 in Year 20. The schools are expected to save a total of £63,000 over the 20 year period. Once the 20 year period is complete the panels will be donated to the schools, which will benefit from the energy produced for the remaining lifetime of the panels.

The money saved on electricity bills will be re-directed to teaching and learning resources for both schools.

The solar panels offer educational value to the schools. As part of this scheme an educational tool will be developed giving Woodside and Riverside school students a better understanding of renewable energy.

KSPI 2 - Carbon reduction

In the UK, to generate 1,000 units (kWh) of electricity, about half a tonne of carbon dioxide is emitted into the atmosphere by conventional power plants. If those 1,000 units are generated from a clean source such as solar power, then that CO2 is never emitted.

Carbon savings of 34 tonnes per year will be delivered by the project.

KSPI 3 - Clean energy education

en10ergy was created by members of the Muswell Hill Sustainability Group (MHSG), which carries out the community activities referred to in the en10ergy rules. en10ergy supports MHSG by providing funds for its activities and a salary for a part-time administrator across the groups (the only paid for employee).

Completion of this project will build on en10ergy’s expertise as a provider of locally-owned renewable energy, putting en10ergy and Muswell Hill Sustainability Group in a strong position to undertake further projects in Haringey.  In the past this has included public speaker meetings for information and discussion of issues connected with environmental science and policy, organising events jointly with other community groups, and local political or administrative organisations, and having a presence on the 40:20 Haringey Climate Forum.

Common environmental performance indicators (CEPIs)

CEPIs are environmental performance indicators that are common to all businesses, no matter what their main business activity is. Read more

Carbon emissions

en10ergy funds solar panels on schools and other buildings and as such is a net carbon sink. For instance the 100kWp system planned for Woodside High School will avoid 34 tonnes of carbon emissions each year.

Staff travel to work

en10ergy employs one member of staff who is home based and therefore minimises their travel. Committee members aim to travel to meetings either public transport, bicycle or by car sharing.

Waste and recycling

en10ergy does not have premises but aims to minimise the use of paper in its share offers and communications. Where possible, printing is avoided.

Common Social Performance Indicators (CSPIs)

CSPIs are social performance indicators that are common to all businesses, no matter what their main business activity is. Read more

Community involvement

en10ergy’s aims enable local people to invest in clean renewable energy, whilst helping local organisations, such as schools and churches to benefit from low and stable electricity costs. In the case of schools they will benefit from long term savings from LED lighting and low cost fixed price electricity, but also from opportunities for pupils and adults to learn through solar, thus encouraging the local appetite for contributing to combatting climate change.

Ethical procurement

en10ergy sources all systems from reputable suppliers, following thorough tendering processes. The Society does not have a formal ethical procurement policy.

Local employment

There is only one employee of en10ergy, able to perform administration work across en10ergy and MHSG in part time employment.

Need help?

The Ethex team are here to help from 9am to 5pm

https://www.ethex.org.uk/savings--investments_16.html

Invest and save with Ethex to

make money do good

You can browse, compare and invest in a range of products on Ethex platform from bank accounts and ISAs to equity investments and charity bonds that offer a social/environmental as well as a financial return. All you need to do is get started...