The provision of significant local community benefits is central to OCE’s vision.
We will recycle 100% of surplus profits into local communities in the Swale and Medway districts through a community fund.
The Fund will derive its income from the surpluses generated. We estimate that the Orchard Farm Solar Array will provide at least £10k per annum during the early years. This amount will increase in the later stages of the project.
Over 25 years this could result in £3m being available for distribution to local communities via the community fund.
Acceptance of this amount will be subject to a members’ vote at OCE’s AGM. The monies will then be donated to the community fund and will be allocated to projects brought forward by communities in the districts of Swale and Medway.
Criteria for eligible projects supported through the community fund are likely to include wildlife conservation, climate change mitigation, carbon reduction (including local food, transport, waste projects etc) and reducing fuel poverty.
The Orchard Community Fund will next open for applications in August 2019 for projects starting in 2020. Further details about how to apply will be available online then.