Frequently Asked Questions
Central West NSW Co-operative
The principles are:
- Membership open to all, regardless of background
- Democratically controlled by the members for the members, with equal voting rights
- Surpluses allocated as agreed by the members
- Maintenance of the co-operative’s autonomy and independence, even when they enter into agreements with other organisations
- Education and training that allows effective contribution to the co-operative’s aims
- Co-operation amongst co-operatives
- Concern for the community, demonstrated through a focus on sustainability.
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.
Electricity Sale and Income
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.
Management and Governance
* 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.