25 Sep '11, 12am

Two Emerging Models of Consumer Owned Utilities

Two Emerging Models of Consumer Owned Utilities

“Alberta’s first Member-Owned Power Retail Co-Operative, focusing on green energy.” What does this mean? In this case, you share in the ownership of the company. Seventy percent of yearly profits are reinvested in renewable energy projects and members have a say in where that money is directed. Of the remaining profits, a portion is returned to members. Finally, members have the option to be a part of the Board and Management Team. In a decidedly Canadian touch, “… each member has a vote equal to every other member, independent of electrical consumption or investment in the business.”

Full article: http://www.triplepundit.com/2011/09/emerging-models-consu...

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