Retail Energy Buyer

Subscribe to the free weekly newsletter written just for retail energy buyers

Australians Copy Solar Garden Idea

October 10, 2014 By Linda Hardesty

NRE energy manageAn Australian company is taking a cue from a US solar garden company and planning to do something similar in Australia.

Northern Rivers Energy (NRE) will attempt to adopt the community energy model that has been successful in Colorado, reports EcoNet Daily.

Colorado is home to Clean Energy Collective, which establishes community solar gardens where residential and business customers can buy solar modules to handle their electric load without having to install the modules on their own property.

NRE says its goals are to:

  • Provide renewable energy at competitive prices;
  • Facilitate community investment in renewable energy projects;
  • Provide and maintain renewable energy equipment including storage technology;
  • Enable purchase of equipment by consumers through provision of finance including leases and power purchase agreements.

A $54,000 grant will assist NRE to develop its business plan, says EcoNet Daily. NRE’s timing could be good because the local solar feed-in tariff program is set to expire in 2016.

Leave a reply