Modern Australian Magazine

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

Australia Today

8 Ways CBD Is Influencing the Coffee Industry

Guest Writer

Have you noticed it, too? Have you spotted the quick transition from CBD being a panacea for seizures on the national television to being something all your acquaintances take regularly? Not so long ago, a small number of families were up for their children’s and relatives’ right to take CBD t...

How to Play Baccarat Like an Expert: A Beginner’s Guide

Guest Writer

Baccarat is a card game where you are expected to engage with the banker or player. You have to tie the cards on the bet between these two before the game starts. The main objective of the game is to predict who will throw the higher hand. The terms ‘player’ and ‘banker’ are used to den...

Why Australians fell out of love with Holdens

Gary Mortimer, Professor of Marketing and Consumer Behaviour, Queensland University of Technology

Harrison Broadbent, Unsplash, CC BY-SAThe jingle used to tell us we loved “football, meat pies, kangaroos and Holden cars”. These days we love Japanese utes and small Toyotas, Hyundais and Mazdas more. Monday’s announcement from General Motors, Holden’s US parent, that the br...

Books in a post-f@#^ world. Are we all sworn out yet?

Donna Mazza, Senior Lecturer in Creative Arts, Edith Cowan University

ShutterstockWarning: this piece features frequent coarse language that may offend some readers.S...

65,000-year-old plant remains show the earliest Australians spent plenty of time cooking

S. Anna Florin, PhD candidate, The University of Queensland

Researchers May Nango, Djaykuk Djandjomerr and S. Anna Florin collecting plants in Kakadu National Park.Elspeth Hayes, Author providedAustralia’s first people ate a wide variety of fruits, vegetables, nuts and other plant foods, many of which would have taken considerable time and knowledge to...

Holidays & Travel

Biggest Mistakes Made When Planning a Vacation

Traveling can be a transformative and life-changing experience, but it can also be incredibly stressful and demanding, as regardless of how prepared you are, some things are bound to go...

10 things you must carry while traveling

Yes, you are not alone in this catastrophe of what to pack and what not! You are not alone scuffling with zips and plunging up and down on your suitcases...

Five things to take when traveling to New Zealand

New Zealand is a sovereign island country located in the southwestern Pacific Ocean region. It is known to be a country of scenery, mountains, waterfalls, caves, beautiful lakes, golden-sanded beaches...

Benefits of hiring a car for your vacation

Car Rentals are an alternative that is being increasingly used by travellers, particularly in the twenty-first century. Small-cost airlines allow us to fly to any city in the world for...

Best Places to Rent a Car in WA

If you are in Western Australia and you are looking to rent a vehicle, whether you are in the area for holiday or you are a resident, it is important...

5 Digital Free Holidays: Take a trek and get back to nature

Our current digital age has connected us to each other and the vast opportunities around the world like no other time in history. And yet, sometimes we need to get...

Places to visit on your first trip to North America

This vast continent, home to one of the biggest countries in the world, is certainly not an easy thing to explore. Its diverse array of cultures and peoples, cities full...

Must-Visit US Destinations for Australians

Australia is a sought-after travel destination for tourists from around the world for its incredible cities, beautiful landscapes, history, culture, and beyond. Tourists flock to Sydney, Melbourne, Brisbane, the Gold...

5 Reasons For Visiting the Netherlands in Spring

The Netherlands is a stunning part of Europe and according to Markus De Jong, travel expert at adviesjagers.nl Australians love to visit the Netherlands as part of their travels around...

Fashion & Beauty

TOP 10 TRENDS OF MEN'S WEDDING SUITS

A wedding is one of the life-changing occasions for a couple and this life-changing occasion has to be special by all means. The importance of a groom is the same...

Why buy your kaftan online, and what should you know

At a time when the virtual takes place in our lives, buying on the internet has become a habit adopted by almost all. There are 87% of internet users who...

Bikinis That Suit Your Body Shape

Usually, women are very conscious when it comes to choosing bikinis. Some shy away from flashing their skin; others cannot resist flaunting their beach body, while some fail to get...

Top 6 leather bags for men

The men’s bag is an accessory that once scared men, but fashion has changed a lot. This piece has seduced the male audience for the past few years, even if some...

Trending wear for parties in 2020

2020 is here, and people are already looking forward to parties that this year has to offer. Ranging from beach parties in the summer to Christmas parties in the winter...

Most Comfortable Types of Inner-wears

Whether you are a working woman or stay at home mom, the power of comfortable inner-wear is known to every woman. A pair of difficult inner-wear not only can hinder...

Popular articles from Modern Australian

SURPRISE YOUR KID WITH DREAM TOYTIPS FOR BRIDE ON THE EXPO EVEThe Ultimate Annual Home Maintenance GuideWHY SHOULD YOU GIVE UP SUGAR?FACTORS TO CONSIDER WHEN SELECTING THE BEST WATER HEATER FOR YOUR HOUSEHOLDTHINGS TO KEEP IN YOUR KNOWLEDGE IF YOU PLAN ON GETTING A NOSE JOBTypes of Carpet CleaningImportance of protein powder before and after the workoutTOP 10 TRENDS OF MEN'S WEDDING SUITSIDEAS TO HOST A PARTY AT THE BEACHBiggest Mistakes Made When Planning a VacationTen Uses of Iron-on Clothing LabelsBefore and after workout mealsWho is a fitness instructor? Learn Everything