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.
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