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Energy Cooperative Development. Cooperative Development Institute Lynn Benander, CEO 277 Federal Street, Greenfield, MA 01301 413-774-7599 www.cooplife.com. Why Cooperatives?. Capitalism Regulated Monopolies Cooperatives – a third choice.
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Energy Cooperative Development Cooperative Development Institute Lynn Benander, CEO 277 Federal Street, Greenfield, MA 01301 413-774-7599 www.cooplife.com
Why Cooperatives? • Capitalism • Regulated Monopolies • Cooperatives – a third choice
Electric restructuring benefiting large users Emergence of new technologies Globalization of the economy Concern for the environment Desire for benefits to small users Desire for consumer access and convenience Desire for local control Desire for sustainable alternatives Energy Co-op Opportunities
Energy Co-op Services Distributed Generation and Energy Efficiency Electricity Oil, Gas, Propane, and Renewables
New Energy Cooperatives in the Northeast • Connecticut Energy Cooperative • Co-opPlus of Western Massachusetts • 1st Rochdale in NYC
Cooperatives • Member Owned • Member Controlled • Profits back to Members
Emerging Energy Cooperatives in the Northeast • Eastern Massachusetts • Upstate New York • Rhode Island
The Big Opportunity • Americans trust cooperatives and want to be members • Energy cooperatives can address consumer need for locally-owned, affordable, sustainable energy • Energy cooperatives can now successfully enter urban and municipal markets • Non-profits, municipals, cooperatives, and credit unions can cooperate to build a strong voice • National electric cooperative infrastructure provides major industry and capital support
Energy Cooperative Development Cooperative Development Institute Lynn Benander, CEO 277 Federal Street, Greenfield, MA 01301 413-774-7599 www.cooplife.com