Community power company Enova has moved one step closer to taking on the ‘big three’ dirty energy companies by becoming a generator as well as a reseller of renewable electricity.
But you won’t see any massive solar or wind farms with their brand on them any time soon: most of the power will be generated by small players, including many of Enova’s existing customers, and then be sold directly back to other customers who do not have their own rooftop set-ups.
Added to that will be small-scale commercial systems, such as the 18 kilowatt system on the roof of Enova’s own office in the Byron Bay industrial estate.
Better still, Enova pays those generating power on its behalf a 16 cents per kilowatt hour feed-in tariff, way more than the major retailers pay.
‘Fossil fuels are on the way out and complete reliance on large- scale energy generation will not be far behind. The future is all about locally generated and locally consumed renewable energy and Enova is making that possible right here, right now, beginning in the Northern Rivers region of NSW,’ Enova MD Tony Pfeiffer said in a statement.
‘Becoming a renewable power generator enables Enova much more control over the energy we supply to our customers,’ he explained.
‘Enova’s vision to produce enough renewable energy to meet all of our customers’ needs is being realised earlier than originally planned.’
Mr Pfeiffer said ‘everyone can now join the energy revolution, even if they don’t have solar.’
The company said in a statement that people living in an apartment, or renting, or who can’t afford the initial upfront investment in solar panels, can still join the solar revolution through its not-for-profit Enova Community arm.
‘We know our customers don’t want to wait for politicians and big business to lead the way in transitioning to renewables, they just want to get on with it. Enova is empowering them to do just that, Mr Pfeiffer said.
As demand for energy supplied by Enova grows, and as the company increases its customer base further afield, it will be investing in more renewables too – including community owned local solar farms, and other sources which could include wind, hydro and biofuels.
‘While the rest of the world talks about doing things differently, and creating renewable energy supply models that put customers at the heart of both generation and consumption, Enova is actually doing it,’ he said.
*Chris Dobney is a shareholder in Enova Community Energy. The company does not pay dividends.