OREC members are building community-owned renewable energy, profitably. Residents across Eastern Ontario have invested $8 million through OREC in 21 solar power projects. OREC is now entering the wind energy game, bringing existing turbines under community ownership. 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. OREC's projects support local industry and job-creation, expedite Ontario's transition to a clean energy economy, and increase self-sufficiency and resiliency of local communities. Learn more about the Co-op here: orec.ca