Ottawa Renewable Energy Co-op: Join us

Categories: How To, Sites
Published on: September 5, 2015

ORECA lifetime membership with OREC is $100. Membership supports OREC’s operations and administrative costs, provides you with benefits (listed below) and allows you to vote at member meetings (see OREC’s governance model).

Any resident of Eastern Ontario can become a member. Eastern Ontario is defined as the City of Ottawa and the counties of Prescott and Russell, Stormont, Dundas and Glengarry, Lanark, Renfrew, Leeds and Grenville, Frontenac and Lennox and Addington.

Membership also allows you to become a co-owner of OREC’s renewable energy projects by purchasing preference shares that are available on a regular basis. Investment is really how the magic happens. OREC’s renewable energy projects are financed from capital raised from the sale of these preference shares, which entitle shareholders to an annual return on investment called a dividend.