A lifetime membership with OREC is $100. Membership supports OREC’s operations and administrative costs, provides you with benefits (listed below) and allows you to vote at member meetings (see OREC’s governance model).
Any resident of Eastern Ontario can become a member. Eastern Ontario is defined as the City of Ottawa and the counties of Prescott and Russell, Stormont, Dundas and Glengarry, Lanark, Renfrew, Leeds and Grenville, Frontenac and Lennox and Addington.
Membership also allows you to invest in OREC’s renewable energy projects by purchasing preference shares and member investment notes that are available on a regular basis. Investment is really how the magic happens. OREC’s renewable energy projects are financed by capital raised from the sale of securities, which entitles investors to either an annual return on investment called a dividend or a simple annual interest depending on the security.
Other great reasons to become a member?
- Make Eastern Ontario more sustainable
- Amplify your voice through collective action
- Increase the co-operative’s influence and reach
- Receive monthly newsletters about renewable energy
- Be part of a like-minded community
- Join an advisory team and run for a seat on the Board of Directors
So you’ve read all about us, and are thinking Great! Where do I sign up?
In addition to becoming a member and investing, you can get involved with OREC by:
- Leasing your roof space or land
- Being an adviser or volunteer
- Supporting continuation of the Ontario Power Authority (OPA)’s Feed-in Tariff (FIT) programs
If you’d like to become involved in any of these ways, please get in touch!
What other members have to say about OREC
I have seen firsthand the hard work, boundless energy, and sincere passion that the staff and volunteers invest in achieving OREC’s important mission. This is a sound investment — for your portfolio, for our community, and for the planet.
— Josh Snider, OREC member
I joined OREC because it is one of few organizations that contributes to the development of an economic model in which individuals are able to make social, sustainable and local financial investments. The idea of financial investments originating and circulating within a community, and in turn benefiting the sustainable development of that community, is one that requires more attention than it currently receives. I am grateful for the opportunity that OREC offers the community and I wish to assist in its expansion.
— Colin Drysdale, OREC member and member of the Business Team
My main reason for joining OREC was to help with the development of photovoltaic (PV) technologies for both household and commercial applications. I have had a long running interest in this technology, and I strongly believe it is going to help us reduce our dependence on hydrocarbon fuels. We as a society owe our future generations a safe and secure energy environment. PV technology is just one source of energy to help us achieve that goal.
— Dan Seth, OREC member and member of the Tech Team