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Harborough Solar One

Governance and people

Harborough Solar One is a Community Benefit Society overseen by a voluntary Board of Directors. It is owned by its investors with each member having one vote.

Governance

Harborough Energy has established the Community Benefit Society (referred to as Harborough Solar One or ‘the Society’) to own the solar PV array at the identified site and will have a 20-year licence with NBJ (the host organisation) under which it will agree to maintain the solar system and provide the host with electricity produced at the site. The host organisation will benefit from reduced electricity cost through a Power Purchase Agreement with the Society.

The full rules of the Society are available here.

Corporate Governance

Harborough Energy has established the Community Benefit Society (referred to as Harborough Solar One or ‘the Society’) to own the solar PV array at the identified site.

The following diagram explains the relationship between Sustainable Harborough, Harborough Energy and Harborough Solar One.

Annual General Meeting

The Annual General Meeting, which all investors are entitled to attend, takes place each November. Members will be informed about the exact date and location by Harborough Energy.

People

Management

Harborough Solar One's sole activities are the installation, generation and supply of renewable energy. The Society does not employ any staff and contracts out these activities below:

Installation, service and maintenance contractors

Following a competitive quotation process, Environmental Energies, a well-established local company, has been selected to be our partner installer. Investors in our previous share offer will remember that Environmental Energies installed the panels at Woodnewton and Archway House and the board continues to be confident in their standards of workmanship and are particularly pleased with the company’s ongoing support to the co-operative.

Non-executive directors

Director's remuneration

Director time will be provided on an unpaid basis, but Directors may be reimbursed for reasonable out-of-pocket expenses.

Employee satisfaction

The Society does not report on employee satisfaction.

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