The Power of Community: How community-owned renewable energy can help Ontario create a powerful economic advantage

Judith Lipp and Brett Dolter

This new report from TREC, an Ontario, Canada based developer of community-owned renewable energy and member of the Federation of Community Power Co-operatives, assesses opportunities to build community wealth stemming from Ontario’s Feed-In-Tariff program (FIT), which provides higher payment rates to renewable energy providers. The report recommends focusing the FIT on cooperatively-owned, First Nations-owned, and municipally-owned enterprises, finding that that every dollar spent on such community-owned energy efforts results in $2 more in additional local economic activity. The authors suggest publically-funded loan guarantees to grow the capacity of these enterprises.

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