Modern Australian

Nick Xenophon announces energy co-op to lower SA power bills

  • Written by Erin Clare


An exciting plan to lower power prices using the co-operative model of community electricity trusts has been announced by SA BEST leader Nick Xenophon.

 

“The co-operative model has an internationally proven track record for delivering services,” said Business Council of Cooperatives and Mutuals CEO Melina Morrison.

 

“The co-operative energy model is already being deployed in countries around the world, including the USA, Germany and Denmark.”

 

The Senator-turned-candidate for SA State Premier is proposing to use the internationally proven co-operative business model to lower SA power prices by 20%.

 

“The collective purchasing power created by this structure returns power back to the people,” said Ms Morrison.

 

To be named the Community Electricity Trust of SA (cETSA), the co-operative retailer will be able to tender to develop a new 150mW renewable energy power plant.

 

According to SA BEST up to 50,000 lower-income households and up to 5000 small businesses would be part of the co-op, and power prices for those members would come down by 20 per cent.

 

“Nick Xenophon has been a long-time champion of co-operative and mutual enterprises – the Business Council of Co-operatives and Mutuals is confident this won’t be the last creative solution to SA’s problems using the co-op and mutual model from SA BEST.”

 

Best practice energy co-operatives

 

In Australia and internationally, pioneers are adopting the member-owned approach to power generation.

 

Victoria’s Hepburn Shire’s Hepburn Wind has built a community-owned 4.1MW windfarm – enough to power about 2,300 households. https://www.hepburnwind.com.au/

 

The UK’s Co-operative Energy, part of the Midcounties Co-operative Group, which successfully took on all 160,000 customers of the collapsed former generator, has pledged to obtain at least 75 per cent of its power from renewable sources.  https://www.cooperativeenergy.coop/ 

 

In the US, the National Rural Electric Cooperative Association, which represents the interests of more than 900 power generators and supplies 12% of the nation's population.


http://www.nrecainternational.coop/

 

The Business Council of Co-operatives and Mutuals (BCCM) is the national peak body representing Australian member owned businesses. Formed in 2013, the BCCM is led by the chief executives of Australia’s co-operative and mutual businesses in all sectors including agriculture, financial services, health insurance, retail, motoring services and human services. The BCCM works to promote the role of member-owned enterprises in the national economy. With over 2000 co-operative and mutual businesses operating nationally representing a total of 29 million memberships, the BCCM highlights the contribution co-operatives and mutuals make to economic and social development in Australia. www.bccm.coop

AUSTRALIAN NEWS

Saving History One VHS Tape At A Time

Remember those old VHS or Betamax tapes? Or Super 8? Can you still remember a time when VHS tapes were how everyone watched movies and camcorders caught our memories on...

Climbing Out of a Creative Rut – Strategies for Photographers

You used to exude quiet confidence. You knew you were good — your works and past clients can attest to that. But lately, nothing seems to work. You come to...

The Best Sites and Events to See in Melbourne

If you’re based in Tasmania for your Australian travels, then you’ll be pleased to know that you’re just a hop, skip and a jump away from one of Australia’s major...

Everything You Wanted To Know About Air Compressors

An air compressor can be described as a device that converts power into potential energy stored in compressed air. The air compressor is responsible for forcing more air into a...

How to Choose the Best Driving Instructor

It’s clear to everyone that there are more cars on the roads than ever. That means that future drivers have to learn to drive in more difficult conditions and be...

Best Out of Waste in New South Wales

When I was in primary school, we would have these arts and crafts classes that were meant to boost the creativity of a child. We would do all kinds...

Maths – when it’s time to break free of your misbeliefs

Growing up we often form false beliefs on what we can or cannot do; what we are good at and what we feel like we will never be good at...

Strictly For Women:5 Steps To "Reclaim Your Power"

When you would like to reclaim your power, you can use a few different things to ensure that you will be in a good place with your health and your...

Quick turnaround in a rental property at Bondi demands frequent rubbish removal

When it comes to rubbish removal, many renters in Bondi demands a service which is effective, efficient, and affordable. Any home needs to have a clean environment. A clean place...

Popular articles from Modern Australian

Saving History One VHS Tape At A Time4 Vaccines Your Teens Should Be GettingStrength Training Tips To Make Your Workout EffectiveTop Fashion Secrets To Look Stylish No Matter The Occasion  How to save money on major home repairsCan I Do Something About My Sensitive Teeth?Climbing Out of a Creative Rut – Strategies for Photographers5 Digital Free Holidays: Take a trek and get back to nature8 Things You’ll Need for a Positive Breast Surgery RecoveryThe Best Sites and Events to See in Melbourne Everything You Wanted To Know About Air CompressorsWhat to Consider When Buying a Home With KidsPlaces to visit on your first trip to North AmericaHow to Choose the Best Driving InstructorMust-Visit US Destinations for Australians