All funded projects

Totnes Renewable Energy Society Ltd (TRESOC) Energy Local Totnes

Funded Project: Details

Awarded
£119,512
Funding stream
Innovation Fund
Organisation type
Community Benefit Society
Activity
Customer advice
Project status
Completed
Start date
1 September 2023
End date
31 August 2025
Project type
Funded project
Year awarded
2023
Location
United Kingdom
Phase and round
Phase 2, Round 4

Funded Project: Description

Energy Local Totnes (ELT) is a club for buying and selling locally-generated renewable electricity at a fair price, saving domestic customer members money off their bills and at the same time helping to reduce their carbon emissions. Households that sign up to ELT will purchase 100% green electricity at a competitive price. For the first year the price for locally generated renewable energy is set at 19.5pkWh, compared to the average bill of 33pkWh. ELT is innovative, as it is the first Energy Local “Plus” club, which can continue to grow by the addition of small-scale generation, balanced by new customers, supporting and greening the local economy.

View all awarded funding