Microgenius

From P2P Foundation
Jump to: navigation, search

URL = http://www.microgenius.org.uk/ (UK)

Description

James Lester [1]:

"Microgenius is a platform designed to make it easy for people to find and buy community shares in sustainable energy projects in the UK, and also to make it easier for communities to promote and manage their share offers. If a project generates energy from certain sustainable sources, an investor can earn money per kilowatt hour generated from the the feed-in-tariff (FIT) for electricity generation and the renewable heat incentive (RHI) for heat generation. The exact amount is determined by these tariffs at the time of installation and the capacity and type of technology. The target return per year for community energy projects is typically between 3% and 5% gross (excluding tax relief). An investor may also be able to claim Enterprise Investment Scheme (EIS) tax relief too, which will in effect increase your return."

More Information