The principles are:
A registration is non-binding expression of interest with no associated costs. You are not obligated to proceed with investing in an Energy Democracy Co-operative if you have registered. You are not committed to investing until you accept the investment offer detailed in the Disclosure Statement, which is released after a host site for a new solar park has been finalised. Please take the opportunity to read the information available on this website before you register.
You join when you invest in the community solar park and become a member of the co-operative. In addition to your investment amount there is a $275.00 fee for membership in the co-operative in order to become a member.
The easiest way to join an Energy Democracy Co-operative is using the online form for Co-operative you would like to join. For the Central West NSW Co-operative, you can join on the Membership page.
We strongly advise you to read the Disclosure Statement and gain your own financial advice prior to making an investment decision. The Disclosure Statement contain information about joining a Co-operative.
Traditional fossil fuel generators (such as coal and gas) contribute significantly to Australia’s carbon emissions in the electricity sector. Solar PV does not produce carbon emissions during operation, and therefore is a clean form of energy generation.
Solar PV projects are eligible to create Renewable Energy Certificates (RECs) for the renewable energy that is generated, throughout the life of the scheme. The Co-operative will sell these RECs, where its value is determined by the demand to offset emissions in a carbon-intensive grid with renewable energy generation.
* Please read the Disclosure Statement. No application for relief under section 741 of the Corporations Act 2001 (Cth) will be sought by the Energy Democracy Central West NSW Co-operative Limited (‘the Co-operative’) in relation to any statement made in this document as the Chapter 6D disclosure provisions do not apply to members’ shares in the Co-operative.