8 Sep 2010
Announcing the Arrival of the Totnes Renewable Energy Society!
This Friday night in Totnes (7pm in the Civic Hall), a historic event occurs, the launching of the Totnes Renewable Energy Society (TRESOC). TRESOC describes itself as “an Industrial and Provident Society established to enable the community of Totnes and surrounding parishes to take charge of the development of our renewable energy resources and provide maximum benefit to the local economy”. It originally emerged from an Open Space Day on energy held by Transition Town Totnes, and although it is not a TTT project, it is clearly a key part of the infrastructure of relocalisation as set out in the Totnes & District EDAP. Anyone in Totnes or the surrounding parishes will be able to buy between £20 and £20,000 of shares, which will entitle them to one vote. The model means that the company will be democratically owned, and provides a safeguard from takeover by large commercial interests. TRESOC will be announcing, on the night, news of its first major renewable energy projects which have, until now, been kept tightly under wraps. The share option pack will also be available on TRESOC’s website from just after the launch. I will be posting a report about the launch, and will be taking my cheque book in order to be among the first to invest in the renewable energy future of my community!