What is the Water Lilies community?
Water Lilies, a new development of 33 sustainable homes sitting atop an old water reservoir in Kings Weston, Bristol by Bright Green Futures, an ethical, multi-award-winning developer creating eco self-build communities.
Local renewables are fast becoming the most affordable way to supply energy, providing a unique opportunity to regenerate neighbourhoods, create long-term economic value and build climate resilience.
Funded by the European Regional Development Fund and managed by the West of England Combined Authority.
The Impact Investor
Bristol Energy Cooperative (BEC) a ground-breaking community benefit society founded in 2011. BEC has over 9MW of solar PV under community ownership and has provided over £250,000 of community benefit payments to local organisations since inception.
The solution
The project has installed a new substation and private electricity network, a 120kW solar array, a 444 kWh community battery and 7 electric vehicle chargers; all linked by Cepro energy communities software. The project has invested in Kirk Hill wind farm in Scotland to meet residual energy demand for the first 25 years.
The outcome
Water Lilies residents are largely autonomous in energy use and protected from volatile energy prices while Bristol Energy Cooperative has been able to put over £400,000 in capital to work providing a stable return to investors over 30 years.
The outcome
Water Lilies residents are largely autonomous in energy use and protected from volatile energy prices while Bristol Energy Cooperative has been able to put over £400,000 in capital to work providing a stable return to investors over 30 years.
