Enova Energy CEO Steve Harris has used the World Environment Day Festival in Murwillumbah, New South Wales, to unveil the plans of Australia’s first community-owned energy retailer.
The community-based and ASX-listed retailer will mark its full launch in early July.
Mr Harris said Enova is preparing a call for expressions of interest from the community and other organisations to build local renewable generation facilities in the region
“We want to support the development of local renewable energy and we will work with new initiatives to make this happen”, he said.
Following a successful capital raise last year, Enova Energy – also a supplier of energy technology solutions – is close to taking on its first customers. An invitation to shareholders to prepare to switch their energy supply to Enova is currently underway.
The company has a 100 per cent sign-up rate on the number of people it had approached, according to Mr Harris.
“We are particularly heartened by the number of people who have chosen our unique plan, Enova Renewable Development Initiative,” he said.
Enova will be offering a range of energy plans including genuine accredited GreenPower options, subsidised by Enova and generous rates for the solar you generate.
Offices, systems, communications and new website are also being finalised as new team members, energy consultants and coaches are finalising their training.
Around 1100 people invested in the Enova IPO, 75 per cent of them from the Northern NSW community.