Plico is built to support community
We consider our contribution to Community is unique and includes:
The community ownership of the Plico Project is an award-winning,new and unique business model which ensures the benefits of this massive project return to our members.
With a “social enterprise” component running through our business model, contributing to community projects is a key part of our ethos.
When we start talking about “owning an energy company”, what we often hear is “What does that mean?”
The Plico Energy project is an award-winning, new and unique business model which ensures the benefits of this massive project return to our members.
Each person who joins the project becomes are member of an Association (similar to a sporting club), which is the ultimate owner of the project.
Ownership overview
You don’t own your system outright – you are a collective owner of the company that owns the assets through your membership with DCEP Inc.
Every time a new member joins Plico Energy, we donate $250 into a community fund managed by DCEP Inc (a registered not-for-profit association).
DCEP Inc manages all community-based sustainable infrastructure projects and oversees the governance of individual Plico Sub-Committees.
Local municipalities, sporting clubs, schools and councils can nominate as a sub-committee. Members of these groups can nominate the relevant sub-committee for allocation of the $250 donation. The sub-committee can apply to draw down these funds.
Draw down of funds is at the discretion of the committee and can be used for projects that have a sustainable focus and benefit the wider community.
