CoPower Democratic Gas Budget Update

CoPower Democratic Gas Budget Update

We believe that energy should work in the interests of people, and we’ve been putting the power in our customer members’ hands since we were founded in 2018. One of the ways we do this is by running democratic budgets whereby our customer members vote on where revenue is allocated to have its greatest impact.

Based on our customer member’s request, early this year we launched our gas product, under the strict condition that all revenue from gas would go to help our customer members reduce their energy use, save money and where possible get off gas. We are excited to be launching this budget to determine how this revenue is allocated and how it can best support these aims.

Upon hitting our target of 700 CoPower customer members with CoPower gas, we will be launching our democratic budget for gas. This will determine how these funds will be spent over the next 12 months to support customer members with Gas to reduce energy use, benefit from electrification, save money and where possible get off gas.

Here is the timetable for running this budget:

1. July 5th | Share your suggestions
   Customer members share their top ideas for how these funds can be used to help customer members with gas to reduce energy use, save money, benefit from electrification, and where possible get off gas.
2. July 19th | Review of suggestions
   Customer members will be presented with the results of customer members’ top ideas to consider how they can be best presented and voted on.
3. 12.30 noon AEST Friday 25 July | Meeting to review suggestions and voting process
   Customer members have the opportunity to attend an online meeting to discuss and evaluate the suggestions, and process for voting.
4. August 1st | Voting begins
   Customer members have the opportunity to vote on which initiatives the gas budget revenue should be allocated to.
5. August 29th 2025 | results announced
   Results of the vote will be announced and the $14,000 gas revenue allocated over next 12 months.

Make sure to check your email and get involved in this democratic budget!