Our First Project
PEOPLE POWER HAS INSTALLED OUR FIRST PROJECT ON THE HOUSE OF ‘NO COAL IN OAKLAND’ ACTIVIST, LORA JO FOO
How it Works
An investment of just $100 allows anyone to access the benefits of solar ownership.
1. Members invest $100 to $1,000 in the cooperative to become Owners of People Power Solar Cooperative. They are now co-owners of a solar project! They will receive dividends on their shares and play an important role in governing the cooperative.
2. The cooperative pools Owners’ investments to build a solar project on lora jo foo’s house. The project was installed by a partner organization.
3. After installation, lora jo foo begins to pay the cooperative for electricity. We project that she will save up to 15-20% on her utility bills.
4. Owners recoup the shared financial benefits of the project in the form of annual dividends on their shares. They are also Owners in the cooperative, helping to steer it toward hundreds of future projects!
We developed our model with a group of five community leaders. The group gathered around food in a fun, social atmosphere while working to advise us, find a pilot project site, and grow interest in the community.
Franki Velez is a coopertist organizer with People of Color Sustainable Housing Network and Alliance for California Community Empowerment, specializing in creating sustainable, community-led housing solutions for poor people and people of color.
YaVette Holts is the founder of Bay Area Organization of Black Owned Businesses (BAOBOB) and Cowery Village that works to encourage and support resilient economics for the community.
Vivian Yi Huang is the Campaign and Organizing Director for Asian Pacific Environmental Network (APEN), organizing alongside immigrant and refugee community members to develop collective power and leadership for social justice.
Angela Scott is the East Oakland Community Organizer for Communities for a Better Environment, organizing in and with low-income communities of color around poor air quality and land use in the East Oakland flatlands to achieve environmental justice.
Jessica Guadalupe Tovar is an organizer with the Local Clean Energy Alliance demanding clean energy solutions for low income and people of color. After battling dirty corporations, it’s time for a just transition to local clean energy for jobs, community control and climate justice for communities often shut out of the energy sector.
We are currently working with other local partners to plan our second and third solar projects. To stay tuned for more updates, or if you know of other great community-oriented sites, contact us or sign up for emails!