Work has been underway on how Otaki can establish a mechanism that assists people to invest in energy systems, including the potential buying and selling of energy.

The Otaki Energy Co-operative Ltd has now been officially registered with the Companies Office.

The next steps are to complete a statement of the products, projects and services to be provided by the Co-op and discussions are underway. A product list that will be made available to members and provided on this site when completed.

Membership requires a Transacting Share (a requirement of the Co-operative Company Act) and details of this share offering are presently being finalised.

Membership of the Otaki Energy Co-operative Ltd is not confined to Otaki but in the early stages the focus will be on Otaki based projects and initiatives.

If you want to make contact and know more contact otakienergy@5gen.co.nz

 

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