On Co-op is proud of the work our membership does to promote the co-operative values every day. To highlight the good work done by these co-op leaders, On Co-op will be featuring an in-depth article about a different member in our monthly e-Newsletter. Each profile will be featured here, and past profiles are available in the downloads section on the right.
Member Profile | Community Energy Development Co-operative (CED Co-op)
Community Energy Development Co-operative (CED Co-op) makes it easy to earn superior returns by investing in renewable energy generation. As a for-profit renewable energy co-operative, our 720 members invest in distributed generation projects across Ontario. The revenue from these projects generates financial returns for our investors.
All of CED Co-op’s current projects were built under 20-year Feed-In Tariff (FIT) contracts which pay a set rate for every kilowatt-hour generated. This means stable revenue, and dependable returns. With a portfolio of 25 projects, CED Co-op has already generated over 12 million kWh of clean, green energy for Ontario. There are plans to construct another 8 projects based on current FIT contracts, and acquire additional operating projects as funds permit.
In order to finance construction and acquisition, CED Co-op has released a new Offering Statement. Until July 27th, 2018, ordinary investors, both individuals and businesses, can support renewable energy while earning strong investment returns. Investors can earn up to 7% annually with a variety of share and bond options available to suit diverse investors.
As a co-operative, CED Co-op brings the value of community to renewable energy projects. We maintain a minimum number of members in each region where a project is located, showing support at the local level to make a positive impact on the energy industry. You can find CED Co-op projects and members in Guelph, the County of Wellington, the Greater Sudbury Area, and the Region of Waterloo.
In addition to strong community ties, CED Co-op exemplifies effective partnership with businesses. Many of our projects are roof-top solar photovoltaic systems on local buildings built through a partnership model that shares the costs and revenue. With systems on businesses, arenas, and community centres, CED Co-op members can see the solar projects they own where they work and play.
You can become a member and investor in CED Co-op, supporting renewable energy generation while diversifying your portfolio and earning strong financial returns. Learn more online: www.cedco-op.com