• We’re wholly Australian-owned by more than 1600 shareholders.
• We’re a new company, built from the ground up, motivated to transform Australia’s energy industry.
• 50% of our profits will be reinvested into our not-for-profit arm for community energy initiatives and social benefit projects.
• We’re the only energy company that’s a social enterprise.
• We’re on a journey to supply power to our customers from 100% renewable energy sources – preferably community-owned.
Enova Community Energy was established to enable people in local communities to do something practical about climate change. While our vision is to move away from polluting energy sources, we are doing this responsibly.
Enova’s strategy - generating support and infrastructure for new, locally generated renewable energy - is at the heart of Enova’s operations. For example, Enova’s feed-in tariff was the highest in the market when we launched. This sparked a more rapid uptake of solar panels in Australia and now other energy retailers have followed suit. Now Enova sources about 50 per cent of our energy from renewable energy from our own customers’ rooftops.
We’re handling our transition to 100% renewable energy responsibly and gradually – while focusing on supporting local communities.
• Customer roof top solar – Renewable Energy
More than 60% (three times the state and national average) of our customers have roof top solar panels, meaning they meet some or most their energy needs with solar. Our solar customers’ energy exports (that is, the energy they sell back to the grid) provide about 50% of our customers’ energy consumption.
• Grid connected energy
At present, like most retailers, the remainder of the energy Enova supplies to its customers is from the National Electricity Market, known as ‘the Grid’.
This is generated from a combination of grid connected renewable energy sources such as solar, wind, biomass and hydro, as well as non-renewable energy sources including coal and gas. Enova has purchased carbon offsets approved under the National Carbon Offset Standard (NCOS) to offset Enova’s grid energy purchases from non-renewable energy sources. We follow a calculation methodology approved by the Clean Energy Regulator (CER) and will publish the audit reports on our website in due course. Details on our carbon offsets are below.
• Renewable and reliable energy
In addition, we are targetting 100% renewable energy by the end of 2020. We plan to do this by purchasing energy from renewable energy generators via Power Purchase Agreements (PPAs). We are also working towards owning storage (battery) assets and our own renewable energy generation. We’ll update this page with details when available.
Enova has purchased NCOS approved carbon offsets from two projects.
West Arnhem Land Fire Abatement (WALFA) Project
Since it began in 2006, the West Arnhem Land Fire Abatement (WALFA) project has been an extraordinary success and is the landscape scale model on which the approved savanna burning methodology is based. Aboriginal fire managers and their partners in West Arnhem Land have successfully reinstated customary burning practices producing significant social, cultural, environmental and economic benefits for Indigenous landowners.
ALFA (NT) Limited, is a not-for-profit company owned exclusively by Aboriginal people with custodial responsibility for those parts of Arnhem Land under active bushfire management. Today, nine Aboriginal ranger groups operate five ALFA fire projects, delivering sophisticated fire management over a contiguous and culturally and environmentally significant area of over 80,000 km2 - an area much larger than the size of Tasmania. The purchase of ALFA generated ACCUs supports Aboriginal people in returning to, remaining on and managing their country, the protection of biodiversity, the preservation and transfer of knowledge, the maintenance of Aboriginal languages and the wellbeing of traditional custodians. ACCUs are eligible carbon offsets under NCOS.
India Wind Project
The India Wind Project is located in Theni District, Tamil Nadu, India.
The project harnesses wind energy to generate and supply electricity to the grid. The Project displaces non-renewable fossil fuel based electricity that would have otherwise been generated by the operation and expansion of the fossil fuel based power plants in the grid.
The project is accredited under the Clean Development Mechanism. The offsets are called Certified Emission Reductions (CERs) and are eligible carbon offsets under NCOS.