Community Benefit

 

Settle Hydro Limited is a Registered Society under the Co-operative and Community Benefit Societies Act 2014. Any surplus made by the Society is primarily used to fund initiatives within the community and not shared amongst the Members as a Dividend, as with the more familiar type of cooperative. This does not preclude the Members from receiving some Interest on their investment but this is not guaranteed and should not be the motivation for investing in the Society.