Modern Australian Magazine
Business Coach
.

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

Revered Guruji Shrii Arnav at an ancient Monastery during the consecration of ATOMICITY

The Mentor of Mentors Guruji Shrii Arnav of Gemstoneuniverse our headline sponsor will ensure the winner of Miss GB Belfast will receive one of the ...

Why you should workout in an infrared room

Infrared workouts have taken Hollywood by storm. They are loved and endorsed by some of the most famous celebrities in America due to their many ben...

Jacine Greenwood Of Roccoco Botanicals Positively Disrupting the Skincare Industry In 2024

Roccoco Botanicals is the brainchild of Jacine Greenwood. Unable to find anything on the market for her problematic sensitive skin, she set out to c...

Blue Stars FX Review – An Online Broker With a Proven Record

New trading platformsentering the market might provide the traders with incentives and other features to lure them. However, they can be missing the...

Maxon365 Review - Is maxon365.com Scam or a Legit Crypto Broker?

An online broker that will assist you in becoming proficient is like the greatest blessing that you are able to receive. Many trading platforms only...

Maxon365 Review - Is Maxon 365 Scam or Legit? (Complete maxon365.com Review)

The first-mover advantage is a highly relevant and important notion that emphasizes the need to keep ahead to take advantage of possibilities. This ...

Unleashing Potential: Top 10 Online Resources for Empowered Self-Education

In the fast-paced, ever-evolving landscape of today’s digital world, the power of self-education has never been more accessible or valuable. With ...

Leveraging Outdoor Spaces: Innovative Ideas for Corporate Gardens and Terraces

In today’s fast-paced corporate world, the line between work and wellness is increasingly blurred. Companies are constantly seeking innovative str...

The Rise of AI in Healthcare: Ethical Considerations and Clinical Applications

The advent of artificial intelligence (AI) in healthcare has heralded a new era of medical innovation, transforming patient care, research methodolo...

Electrical Fire Safety: Protecting Your Home from Electrical Hazards

In today’s electrified world, where our homes are filled with gadgets and appliances, electrical safety is more critical than ever. Electrical fires...

Smart Thermostats: Revolutionising Home Heating

In the relentless pursuit of home comfort and energy efficiency, homeowners across the globe are turning to technology that can simplify their lives...

Painting Projects Made Affordable: Discount Paints in Sydney

Paint is a great way to breathe new life into your room and add a personal touch to home remodelling tasks. Still, painting jobs may get expensive...

Holidays & Travel

Conventional Tent or Roof Top Tent? Which Is Better for Camping in Australia?

For camping in Australia, it depends on factors like terrain and climate. A roof top tent is sturdy in rugged areas and elevates you above ground risks. In flat places like parks...

Choosing the Best Boat Seats: A Comprehensive Guide for Water Enthusiasts

Boat seats are not just about providing comfort during your time on the water; they can significantly impact your overall boating experience. Whether you're cruising leisurely, fishing, or engaging in...

Tips for Enjoying Hunter Valley Wine Tours

The Hunter Valley, nestled in New South Wales, Australia, is renowned for its picturesque vineyards and exquisite wines. A wine tour through this region promises a delightful experience for enthusiasts...

Melbourne to Sydney Flights: A Comprehensive Travel Guide

Sydney has a unique charm and plenty of free tourist attractions. There are many fun outdoor activities, with several tourist spots, making Sydney a popular destination for many people. For...

The Most Popular Theme Park Rides Ever

As an amusement park owner or operator, you know how important ride selection is for attracting guests and keeping them coming back year after year. While thrills and technology continually...

11 Airbnb Management Tips On The Mornington Peninsula Properties

If you own a beautiful property on the Mornington Peninsula and are looking to make the most of it by renting it out on Airbnb, you are in the right...

Marketing Strategies for Successful Airbnb Listing

As an Airbnb host, you’re likely quite proud of the beautiful property you have, ready to welcome guests. But as difficult as it might be to admit, just like you...

The Top Tips For Booking Accommodation When Travelling In The Perth & Sydney Areas.

If it is your plan to travel to the Perth or Sydney area, or anywhere in Australia for that matter, you want to make sure that you book the very...

Do You Love To Travel And Meet People? Become A Tour Guide!

Do you love to travel and enjoy meeting new people? Do you have an outgoing, friendly personality? Do you enjoy studying places to find out all there is to know...

Fashion & Beauty

Australian Onesie Trends: The Ultimate Comfort Fashion Statement!

The Australian onesie has become an iconic symbol of comfort and quirky fashion down under. Originating as a simple garment for infants, the onesie has transcended age groups, evolving into...

Elevating Style And Comfort: The Timeless Appeal Of Women's Dress Shorts

In the realm of fashion, versatility reigns supreme. Women across the globe have long sought garments that seamlessly blend style with comfort, and in this quest, dress shorts emerge as...

Stride into Comfort: The Rise of Innovative Footwear in Australia

In recent years, a fascinating trend has emerged in the footwear industry, particularly within Australia. Whether strolling along the picturesque beaches of Bondi or traversing the streets of Melbourne, it's...

Revealing the Enchantment of Perfume Oil Fragrances

Within the enchanting world of olfactory delights, perfume oil fragrances emerge as masterpieces of scent craftsmanship. Unlike conventional counterparts with their alcohol base, perfume oils promise a more concentrated and...

The Top Suggestions When Planning Your Marriage Proposal In Australia

Getting married is a massive step and it is something that will change your life forever. Many of us are lucky enough to meet the person of our dreams and...

5 Ways To Make Your Jewellery Store A Treasure Trove Of Gems

Jewellery has been around for longer than we know. While once they were status symbols often donned by emperors and empresses, today, their roles in our lives have changed. In...

Tomorrow Business Growth