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Community Power initiative has three components;
1. We catalyse, part fund and project manage community owned, renewable energy facilities such as solar, wind, hydro and biomass.
- We provide communities with optional PPA’s (power purchase agreements), so they can sell their excess electricity, thereby improving their revenue stream from their power plants.
2. We sell electricity to communities and the wider market
- Our contracts have no early termination clause, which means customers are free to leave whenever they wish without penalty. Our community ethos and our service level agreements are the strengths that bind us to our customers – who in the vast majority of cases are also our owners.
- We provide businesses, large and small, with an ideal opportunity to lead by example in terms of Corporate Social Responsibility. Every euro spent and every kilowatt hour of electricity used – facilitates the development of additional community owned renewable energy generation facilities, in their neighborhood, and around the country.
3. We provide a meaningful ownership structure for communities and individuals in the renewable energy sector – to ensure that the surplus revenue generated stays in the communities, thereby buttressing the local circular economy.
