Hi

Our 7th community share offer is now live, and we have already reached 13% of our target!

Our aim is to fund a renewable heating for a vital service – the 24/7 hydrotherapy pool at special education needs school Charlton Park Academy in Greenwich.

Find out how to invest - see our share offer homepage for full details.

Nadeira invested in our last share offer, and explains why she chose to become a member:

“Now more than ever, local communities need to come together and support one another… I’m excited to be part of a movement that turns local investment into sustainable, community-driven solutions.”

We have three more reasons you might want to invest below:

1. Be A Part of the Response to Climate Change

If we are successful, the heat pump will reduce emissions by the equivalent of 33 households’ electricity usage per year. Over 20 years of operation, it will save 313.4 tonnes in CO2e emissions.

Moving the school’s 24/7 hydrotherapy pool off gas heating, the heat pump will be largely powered by the school’s existing on-site solar PV.

Sometimes projects focus on carbon saving through indirect means, in places you can’t necessarily see or be – and their ultimate impact is not always that clear.

Whereas if we’re successful and reach our target, you can be sure the environmental impact of your investment happens right here in South East London. And is felt for the next 20 years – the product lifetime of our heat pump.

2. Be a Part of a Project Supporting Local People, Schools & Community

Thanks to our community share offer model, if we reach our target, Charlton Park Academy will get its renewable heating without upfront cost on their part. In fact, over 20 years, the school is projected to save more than £150,000 to use where it is most needed – including more therapies, enrichment and learning support.

Pupils with profound and complex disabilities are among those least able to regulate their body temperature. This is a targeted intervention in one of London’s most climate-vulnerable boroughs, at one of its most vulnerable buildings. 54.2% of pupils are eligible for free school meals — more than three times the England average.

The project generates income through the license of the heat pump to the school under an Energy Services Agreement, paid as a fixed quarterly fee over ten years. The income made from the partnership allows Selce to provide its annual payments to investors. Meanwhile, it puts aside funds to repay its supporters’ initial investments over a fixed period.

Surplus funds will also support Selce’s energy advice service, which supports households in fuel poverty across South East London.

3. Support innovation in a Tough area for Decarbonisation - Once Done Well, then at Scale

In Greenwich, gas boilers make up 25% of the borough’s CO2 emissions – heating is one of the trickiest AND most important areas for hitting climate targets.

Meanwhile, this is one of the first community energy-financed heat pumps in the UK, and the very first of its kind in Greenwich.

Over the last decade, UK community energy groups have collectively financed more than 266 MW of community-owned solar — but almost no community-owned heat.

This share offer is one of the first projects designed to close that gap. With the school’s consent, we will publish anonymised consumption meter and performance data from this heat pump as a working case study for other community-energy groups, councils and SEN schools that want to follow.

First done well, then done at scale — that is the sector contribution your investment helps unlock.

By investing together, there’s so much we can do for people and planet. We are stronger together.

Find out how to invest - see our share offer homepage for full details.

You can invest from £250, with a projected return of 4% per year.