Powering our community‌ Energizing the future
Canada has the potential to produce up to 20% of its electrical needs from wind.
Wind is Energy Rising demand, power shortages, increasing prices, electrical blackouts – this is the new energy situation in Ontario, a province many thought was blessed with abundant energy sources. Without a fundamental change in how we approach energy, Ontarians face the very real possibility that our increased electricity needs will be supplied from imported power or from local coal-fired and nuclear generation. Fortunately, there is an alternative available: an abundant source of clean, renewable energy literally blowing in the wind. Wind energy is a positive and eco-friendly way to improve our environment. The Golden Horseshoe suffers from some of the worst air quality in Ontario, caused in part by the generation of electricity from fossil fuels. Poor air quality negatively affects both our health and quality of life. Unlike coal, wind energy does not produce greenhouse gases or other harmful by-products that contribute to poor air quality. Wind energy is clean, efficient and produces no pollution. Positive Power Co-op wants to bring wind generation to the Hamilton, Halton and Haldimand communities to improve our local environment.
Renewable energy co-ops are a rapidly growing part of the co-op sector.
Co-ops are Community Co-operatives work in communities all over Ontario in nearly every sector imaginable, including agriculture, housing, financial and child care. In fact, 2.3 million Ontarians belong to over 1,900 co-ops, credit unions and caisses populaires throughout the province. Co-ops in Ontario represent at least $19 billion in combined assets and employ thousands of dedicated workers who care about their business and community. In fact, the co-operative business model has proven to be more effective and successful than other business structures. Formed by its members to meet a specific need, co-ops are well-managed businesses that have a social or environmental mandate as well as financial goals. Positive Power Co-op has three bottom lines by which it measures success: environmental, social and economic.
25% of Denmark’s wind generation comes from community based projects.
Investment Makes Change In communities all over Europe, wind energy is a large component of the energy supply. Germany, Denmark and Spain are leading the way in wind energy installations, due in large part to the work of community co-ops and farmers. In fact, one third of all wind energy produced in Germany comes from local associations of farmers and landowners. Community owned and supported wind power has led to wide spread installation of wind turbines throughout Europe, and although off to a slower start in Ontario, we are on the way. Similar to the turbine installed on the Toronto waterfront (co-owned by the WindShare Co-op and Toronto Hydro), Positive Power Co-op envisions many smaller community-owned turbine installations throughout the province. Positive Power Co-op is committed to creating community-owned wind projects throughout Hamilton, Haldimand and Halton.
Our community has the skills and resources to make this happen.
Positive Power Co-op leads the way Wind energy projects like our Lake Erie development involve careful project research, detailed financial planning and strong community support. Ready for the major and minor milestones required for wind development, Positive Power Co-op has secured land rights, measured wind speeds for over a year and developed detailed financial plans as part of our overall business plan. Throughout its history, Positive Power Co-op has partnered with other community leaders to build a strong business case for our projects. Our organizational and project successes have come from a commitment to implementing our mission and vision, while making decisions based on our values and needs of the community. Positive Power Co-op, through the support of our community, is committed to putting ‘wings in the sky’.
You Can Make It Happen Local investors can bring a renewable energy project to our community by purchasing one (or both) of two different Positive Power Co-op bonds. Member bonds (Series A) can be purchased in increments of $500 with a Positive Power Co-op membership. Investors can also purchase bonds in increments of $5,000 (Series B) which are available to both co-op members and the community at large. Both bonds have five-year terms with an annual interest payment of 6.5% for Series A and 6.0% for Series B. This bond offer is available immediately, but the time for purchase is limited. Contact Positive Power Co-op for a copy of our investment offering package which contains more details about the projects and the bonds. We would also be happy to arrange a presentation with your community group or let you know when our next information session will be held. Positive Power Co-op is a not-for-profit, locallyowned co-operative dedicated to generating clean sustainable energy.
Investing in wind is good for your future and your wallet.
Our Vision A healthy and sustainable environment through community-based renewable energy.
Our Mission With a commitment to leadership and innovation, Positive Power Co-operative promotes the generation of clean, renewable energy through the development of community-based projects and education.
Make a wish‌ for a greener tomorrow
2000 Appleby Line, Suite 422 Burlington, Ontario L7L 7H7 Tel: 905.971.5366 • Fax: 905.971.0963 Email: info@positivepowerco-op.com Website: www.positivepowerco-op.com
This brochure is printed on 100% post-consumer recycled paper, produced with electricity generated entirely by wind power.