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Tag Archives: community

Building Local Economies through Cooperative Ownership

Seven Co-op Principles

It is common belief that companies build our economy.   Most of us assume that strong businesses build a strong local economy.   But most corporations operate on the premise that their prime responsibility is to maximize return for the shareholders while NOT breaking any laws.  Focusing on the local economy is not their legal responsibility, unless of course the executives specifically …

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How Feed-in Tariff Protect Taxpayers from Paying for their Neighbours Electricity

Photo Credit: Flickr/flattop341

Written by: Dick Bakker, OREC Board Member Feed-in Tariff’s (FIT) are an innovative way to finance new localized power production and continually drive down costs.  The law states that renewables have priority on the electrical grid (based on certain rules) and receive a steady income stream.  FIT power producers are given a fixed rate for a 20 year period; therefore …

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