Ottawa Renewable Energy Co-operative Inc.
2-43 Eccles St., Ottawa, Ontario, Canada

OREC members are building community-owned solar power, profitably. Residents across Eastern Ontario have invested $8 million through OREC in 18 solar power projects.

 

Founded in 2010, the Ottawa Renewable Energy Co-op (OREC) is a social enterprise that facilitates community ownership over local renewable power production. Profits generated through the sale of electricity to the Ontario power grid are distributed back to investors.

 

Purchase a membership share anytime and be the first to invest when securities become available - an annual opportunity. Historically, members have been able to purchase 5-year investment notes or 20-year preference shares and earn a return between 3-4%. Shares are RRSP & TFSA eligible.