Crowdfunding FAQ

The goal is to allow people who do not have their own roofs or enough savings to become a co-owner of a renewable energy installation. Bank loans are complicated and defeats the purpose of involving citizens. 

Yes, you do get your money back :) Every year, based on the amount of electricity that is sold and the number of shares you own, you get some money back, similar to a "dividend". Based on our analysis, it takes between 10-20 years to recover the cost. The lifetime of the installation is estimated to be 25 years. In other words, your share will start to make a little money if you hold it for longer time. However, please remember this is NOT a financial investment product. Even though the goal is to make citizens benefit from the green transition, one should not expect to become rich by owning share(s) :) 

The returns you receive yearly has two component: the amount up to the depreciated value of the installation is not taxable (we assumed 20 years depreciation in our calculation), but the amount more than that will be subject to income tax. We will provide relevant information to SKAT every year, and that is why we need your permission to collect your information such as CPR number. 

You can read more about the process here. 

We managed to crowdfund 876 shares for a 98 kWp installation. If you are interested in getting on the waiting list in case more shares become available, please write to us and provide a contact. 

Each share costed 900 kr during the crowdfunding. The price will be changed every year, based on the depreciated value of the installation. 

Anyone in Denmark can participate but we'd like to keep it local, so it is a plus if you live in Aarhus, even better if you are somewhat connected to Aarhus University (e.g. student, staff, alumni, etc).  The statutes of the cooperative (only in Danish) specifies membership requirement. If you are uncertain, feel free to write to us, and the board of directors will evaluate whether you can participate. 

The crowdfunding is over. If you are interested in getting on the waiting list and be notified when shares are available, please write to us. 

The crowdfunding is over now. If you are interested in getting a share, you can write to the board to be on the waiting list. We will contact you, if existing members would like to sell their shares. 

Personal information is administered and stored in GDPR compliant system provided by EBO Consult, who acts as UEF's administrator. You always have the right to withdraw your consent. Read the personal data policy here. 

As a small association, UEF has limited resources. We wish to use the crowdfunded money on the solar installation. Plus, we checked with a few crowdfunding platforms but unfortunately they could not carry out all the functions we wished (e.g. reporting to SKAT yearly, distributing the money back to shareowners, etc).  So, we decided to follow the practice of most small Danish volunteer-run associations. 

Right now we have 876 shares for the installation. If you are interested in getting on the waiting list for more shares, in case some existing members choose to sell their shares, please write to the board. 

Yes, you will be able to sell the shares. Please write to the board if you wish to do so. 

We think it is a very cool idea to give a share in the solar project as a gift, and we definitely would like to help you to make that happen. Please get in touch with the board at the email below, and we will explain the details and steps.