Based in West End, Brisbane, Energetic Communities Association Inc. is a key driver of Community Owned Renewable Energy (CORE) development in Queensland, aiming to put community solar on the roofs of community buildings, businesses and not for profits.
How It Works
CORE is where the community raises funds to finance a renewable energy installation, whether it’s solar, wind, biodiesel or any other renewable energy resource. You can read more in our CORE Briefer (PDF) and Growing Queensland Community Energy (PDF) (written with the Community Power Agency) to see what’s needed in Queensland.
In our model (above), Energetic Communities will establish a Special Purpose Vehicle (SPV), such as a co-operative, a trust, or a Pty. Ltd. company with democratic principles embedded, comprising of members of the community (Community Investors). As you (Site Owner/Host Site) repay the installation through cheaper electricity bills, the community investors get a return on investment. The means the site owner/host site is not wasting money, not contributing to GHG emissions, while also adding a community benefit. Under some models of CORE, the site owner/host site is ‘gifted’ the installation after 10 years.
For Community Groups, Not for Profits, Local Government and Business
Community Owned Renewable Energy is an opportunity for building owners to purchase cheaper low carbon electricity, offer a broader benefit to the community and be seen to engage positively with the community. Other groups around Australia building similar models include local governments, schools, churches and sports clubs
For the Community
If you neither have the capital or the roof to put on solar, community owned renewable energy allows you to change this, as it provides renters, apartment owners, community groups, businesses and those on a low income with the ability to contribute, own and benefit from renewable energy when they can’t afford or are unable to install their own.
We are currently looking at finding suitable sites and establishing a co-operative organisation to build a CORE development.
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Ideally, what we’re looking for in potential sites is:
- Large unshaded north facing roof.
- You own the building (or site) or have a long term lease.
- You have a high electricity demand.
- Electricity bills of thousand of dollars per month.