Community Energy Retail Hub
Investigating a vision to facilitate the development of a Community Energy Retail Hub that will incentivise the uptake of renewable energy for a fair price that will create local jobs.
Capacity to Deliver - LP021-031
The issue
Western Murray Land Improvement Group (WMLIG) has a vision to facilitate the development of a Community Energy Retail Hub that will incentivise the uptake of renewable energy for a fair price that will create local jobs. This social enterprise would reduce economic leakage from the region which will be invested back into the community. The Community Energy Retail Hub would be used to support self-reliance and recovery from the impact of an adverse event, such as drought, fire, flood or pandemic. Currently there are over 100 active Community Energy projects within Australia. There are a range of social, environmental, technological and political motivators to develop Community Energy projects, including: Community engagement and empowerment Co-exists with other land use such as farming Local jobs Community income Energy self sufficiency Supporting regional communities. A percentage of the income generated from the Community Energy Retail Hub will go into the Community Foundation enabling funds to hit the ground in an expedient manner, this is so the community is not reliant on government handouts in the event of a drought or other adverse event.
The solution
WMLIG believes in the value of a Community Energy Retail Hub for this community. The research and scoping paper will be used in the future as a foundation stone to pursue in partnership with Murray River Council or local businesses, should common interests converge with strategic alignment.
The impact
The development of the scoping paper for a Community Energy Retail Hub was not as straight forward as WMLIG had anticipated. In the research that was conducted it was clear that Community Energy schemes are not simple and more often then not tailed to each individual community. WMLIG identified that EnergyLocals could be a viable option for WMLIG to pursue without being an impose on the general business. EnergyLocals is a social-enterprise based energy retailer that is making energy clean, cheap and fair for households, businesses and developers. For each customer that switches to their supply deal, a ‘fee’ is returned for use at the community level for other sustainability or community-led projects. While EnergyLocals was identified as an option WMLIG must do its due-diligence to ensure that there are no unreasonable risks associated with entering into a agreement.