Australia’s First Community Owned Energy Retailer · 2019-05-01 · Enova Community Energy Ltd Alison Crook February 2019 enovaenergy.com.au •A social enterprise formed to assist

ENOVA Australia’s First Community Owned Energy

Retailer

SveaPitmanManager–EnovaCommunitySustainableFuturesConvention

March2019

EnovaCommunityEnergyLtdAlisonCrookFebruary2019enovaenergy.com.au

Overview •   Enova’s Story

•   Social Enterprise Community Benefit

•   What We Do •   Reducing Carbon •   Energy Education •   Energy Equity

•   The Energy Industry, Carbon Emissions & NEM


•   Community Housing

•   Solar Gardens

•   Micro Grids

•   Questions

EnovaCommunityEnergyLtdAlisonCrookSeptember2018enovaenergy.com.au


•   2014 Bentley Anti CSG campaign

•   2015 Feasibility Study > Business plan Retail Licence application + Prospectus

•   Capital raise: Late August to December 2015 ; 30+ events in region plus Sydney Brisbane and Newcastle

•   1100 investors, 73% from region = $4m raised

•   2016 set up systems : first retail customers

•   2018 Sep-Nov Equity Crowdfund raised $1m

•   2019 March = 5500 + customers

EnovaCommunityEnergyLtdAlisonFebruary2019enovaenergy.com.au


How Do We Benefit The Community?

! Retain OPEX and profits and over time energy production in Northern Rivers Region : 130 000 homes = $360+ million leaving each year

! Create direct and indirect employment

! Majority community owned

! Half returns to social benefit projects to assist all to access renewable energy

! Partner with communities to drive new model and more affordable energy for all


What Is A Social Enterprise? •  An organisation created to further a social purpose in

a financially sustainable way

•  Organisations with a social equity focus, changing the world for the better

•  They derive a substantial portion of their income from trade and reinvest profits back into the organisation or the local community. When they profit, community benefits.


Why It Matters: The Difference •  Driven by people who are committed to social benefit

•  Circular Economy - Keeping money circulating within communities and people supporting each other

•  Opportunity to live life with purpose

•  Social equity - paying fair

•  What consumers want


Community Partnerships & Affordable Energy

VISION •   Communities powering themselves •   Decentralised, Distributed, Digital, Democratic •   Regional systems, self sufficient in energy

HOW •  Our licence allows us to sell across NEM (Vic aside) – Currently NSW Essential •  Our back-office systems are scalable •  We can shape relationships /partnerships to meet the needs of other regional

communities •   Partner with existing community renewable energy groups


•   Partnership between the customer (now a producer/consumer), retailer & the network

•   Additional storage managed by networks

•   Smart technology managing network peaks

•   Microgrids/Embedded networks

•   Geographic communities largely independent

•   The customer shares in the savings of a lower cost network. EnovaCommunityEnergyLtdAlisonCrookFebruary2019enovaenergy.com.au

Regional Energy System

How Do We Reduce Carbon Emissions?

! Focus on sale of renewable energy

! Good FiT offer: encourage more renewable technology on homes & businesses

! Support and facilitate community generation projects - VPP, solar gardens, micro-grids & CORE ownership models

AND ….. Energy Efficiency & Education!


Community Benefit Projects

•  Solar PV for Social Housing - OEH - NCCH project

•  Assisting community and other NFPs to access funds for solar PV : COREM : CORENA :Red Inc

•  Community owned Solar Gardens for renters & those locked out of home solar PV


Education & Energy Efficiency •   Volunteers recruited & trained for Energy Efficiency audits: Enova

Energy Coaches

•   Provide information at stalls and events

•   Offer Energy Efficiency presentations to organisations, clubs

•   Other regions obtained training for Enova Energy Coaches – Coffs, Bellingen, Uralla, Newcastle

•   Repower projects www.repowerbyron.org.au


Facts about the Energy Industry •  Over a third of Australia's carbon emissions from burning fossil fuel •  86% of electricity in the grid from fossil fuel generation 100s Km away:

•  NEM Machine – est 1998

•  Massive Distribution Loses

•   Big 3 all heavily invested in fossil fuel generation and CSG

(…despite the current GreenWash…)

3 Components to the Australian Energy Industry •   Generation •   Distribution •   Retail

14 retailers serving residential customers

Big 3 dominate with 91% NSW market – ‘GenTailers’ AGL, Origin, Energy Australia

All involved in CSG and Fossil Fuel Generation

Enova


20th Century Energy Model

Generation Transmission Distribution Customer


21st CENTURY ENERGY MODEL

Regional

Competitive overview – solar offers


More About our Projects •  Social Housing

•  Solar Gardens

•  Micro Grids (embedded networks) EnovaCommunityEnergyLtdAlisonCrookSeptember2018enovaenergy.com.au

Enova Solar Housing Project

Outcomes - 64kW on 27 houses, - 13 home energy efficiency audits - New model of tenant finance - Capacity building for all - Strong partner relationships

WHAT IS A SOLAR GARDEN?

How Will The Solar Garden Work? 1. Register your interest on Enova's website

2. Buy a membership in Solar Garden

3. Enova gives you a electricity credit on your electricity bill for the energy 'grown' in real time in your Solar Garden plot

4. Enjoy the environmental benefits of solar and the savings on your bill

EnovaCommunityEnergyLtdAlisonCrookOctober2017enovaenergy.com.au

In Summary – Projected Savings


SUBSCRIBE KW ANNUAL CREDIT

app $1000 1 $180 - $230

app $2000 2 $360 - $460

app $3000 3 $540 - $690

Benefits Garden members •  Cheaper energy bills High return on investment rate •  Pay itself off in around 4-5 years •  Take it with you when you move (EE only atm) •  Ability to gift or sell your membership •  Gift panels to someone to lower their energy bills

Host Business •  No cost for solar install and maintenance •  Business receives discount off their electricity bill •  Acting on Climate Change


Micro Grid

Byron Bay Industrial Estate

EnovaCommunityEnergyLtdAlisonCrookSeptember2018enovaenergy.com.au

Thinkaboutwhereyougetyourenergy–areyouinvestedinCSG?NewCoal?…oraRenewablesFuture☺www.enovaenergy.com.auSWITCHTODAY!

Getinvolvedinlocalrenewableenergyprojects-   Solaroncommunitybuildings-   Localsolarfarmoptions-workwithEnova-   Joinalocalrenewableenergygroup–orsetoneup-   Talktoyourfriends&familyaboutrenewables&ClimateAction-   Startasustainablestreetprogram–Repower!!

www.repowerbyron.org.au

What Can We Do As Community?


Goodnews!Itisnottoolate....

StartbylookingatMajorHomeEnergyUse

•   CoolingandHeating

•   Hotwater

•   Refrigeration

•   Pools,Spas&Pumps

AsindividualswhatWeCanDoatHome?


Wedon’thavetowaitforpoliticianstotakethelead

RepowerToday!!

•   SWITCH–to100%renewableGreenPower

•   REDUCE-yourpoweruse

•   PRODUCE-yourownpower

You Have The Power To ACT on Climate Change TODAY


LET’S CREATE CHANGE TOGETHER!

QUESTIONS



• Asocialenterpriseformedtoassisthouseholdsand

communitiestotakecontroloftheirownpoweranddrive

regionaldevelopment.

• Australia’sfirstcommunityownedenergyretailer.

• AnelectricityretailerofferingconsumerandSMEcontractsforstandardpower,greenpower,solarfeed-in-tariffsandcommunitygenerationproducts.

• Enovaisworkingtochangetheenergymodeltoa

distributedmodelinwhichconsumersasproducersparticipateinthebenefits,andthereislessrelianceoncentralisedgenerationandlong-distancetransmission.

• AsretailerintheexistingcentralisedsystemEnovacompeteswiththe3largeretailers,Origin,AGLandEnergyAustraliaanda

numberofsmallerretailers.

• 50%ofprofitsonceachievedwillgobackintothe

communityviaournon-profitarm,EnovaCommunityLtd.

Enovawon“BestoftheBestawardforRegional

Sustainability”atthe2017NSWGovernmentGreen

GlobeAwards.

Australia’s First Community Owned Energy Retailer · 2019-05-01 · Enova Community Energy Ltd Alison Crook February 2019 enovaenergy.com.au •A social enterprise formed to assist

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