The community energy network will help other communities to generate their own electricity from solar and battery system. This has come up after Yackandandah's pilot program that involved a "mini-grid" of homes in the town.
The setting up of community energy network would mean that the North East would be able to source and sell its own energy.
The convener emphasized that this will help people to have economic energy options, as they don't have to rely on the grid electricity.
He said that local community energy retailer just makes sense and the excitement levels for the same is high across the region as it will create local jobs and the profits would be invested back into the communities and towns.
The retailer is planning to launch in the second half of 2018 or early 2019.
Community energy networks are helpful for communities as it can help the communities in reducing the energy consumption of the building by collective actions, collective energy saving, and collective demand management.
In terms of energy savings, societies install solar panels, solar water heaters for the common use of communities. This helps to reduce electricity bills as well as it caters to the environmental friendliness.
The solar plants use direct sunlight and electricity is generated. To use electricity generated from the solar plant during the evening hours, batteries are used.