- You will be contributing to the reduction in global dependence upon fossil fuels. There is an ambitious national target to have 100% of our electricity green by 2020. It will take a lot more than this project to get there but every little helps.
- By buying shares you have a chance to support this exciting project which will generate funds for the community and help promote renewable energy.
- You will be a member of a Community Benefit Society: established for the benefit of the community, and contributing to the development and sustainability of that community.
- There is, of course, a financial benefit. A Community Benefit Society can pay members interest on their shareholding. Apple Juice anticipates paying an average of 4% (gross) per annum. Advance assurance has been applied for from HMRC that the shares are eligible for tax relief under the Seed Enterprise Investment Fund (SEIS) and the Enterprise Investment Scheme (EIS). Other community owned hydro schemes in Scotland have qualified for this tax relief.