Hampshire Renewable Energy Co-operative (HREC) has been set up to speed the transition from fossil fuel based energy, towards energy generation using renewable sources of energy – like solar, wind and biomass.
We are a Co-op registered with the Industrial and Provident Society.
Co-operative businesses are owned and run by and for their members. As well as giving members an equal say and share of the profits, co-operatives act together to build a better community.
Co-operatives provide a well tried and tested business model. Over 13 million people in the UK are members of our nearly 6,000 co-operatives. And Co-ops have been around for nearly 200 years.
Most Co-ops adopt the following core principles:
– Voluntary and open membership
– Democratic member control
– Autonomy and independence
– Co-operation among co-operatives
– Concern for community
This means that anyone who accepts the objectives of the Co-op can join; there is a “one-member = one-vote” democracy. It does not matter who you are or how much money you’ve invested you still get one vote. The Co-op acts in the best interest of its members.
HREC objectives are to:
– Establish a range of renewable energy generation facilities throughout Hampshire.
– Maximise co-operative and community ownership of new renewable energy generation in Hampshire and the benefits deriving from such production including reducing fuel poverty.
– Coordinate information on renewable energy projects.
– Provide a resource for education about all aspects of renewable energy
The Vision for Hampshire
Hampshire Renewable Energy Co-operative is leading the transition from fossil fuels towards a future where all our energy is derived from renewable sources – such as wind, tide, solar and biomass.