About
What is the National Renewables Cooperative Organization?
In the tradition of working together, cooperatives across the country have formed the National Renewables Cooperative Organization (NRCO) to promote and facilitate the development of renewable energy resources for members.
Who is eligible to join?
Membership in the NRCO is open to generation and transmission cooperatives (G&T’s) and distribution cooperatives with the legal ability to buy power in the wholesale market.
How is the NRCO supported?
The NRCO receives financial support from its members: each participant must commit $100,000, with an upfront investment of $25,000.
How many cooperatives belong to NRCO?
As of May 22, the NRCO had 24 members (see map - PDF) serving 24 members in 20 states. Of these members, four are unaffiliated distribution cooperatives.
How is the NRCO administered?
The NRCO has been incorporated as a 501(c)(12), a not-for-profit cooperative, and will be governed by its members. The Board, elected in April 2008, is comprised of cooperative executives.
The NRCO will engage an energy management company. The National Rural Electric Cooperative Association and the Cooperative Research Network will provide assistance in communications and research.
What will the NRCO do?
The NRCO will allow cooperatives to pool their expertise, so that the knowledge base of cooperatives with experience in developing renewable energy will be available to all. At the outset, the NRCO will serve in a consulting capacity, evaluating renewable resource opportunities, facilitating participation in renewable energy projects and assist in creating optimal arrangements for its members.
The NRCO will also assist cooperatives in the on-going management of renewable resources.
Specific NRCO functions include:
- Serving as a clearinghouse for renewable resource development opportunities available to cooperatives
- Packaging development opportunities for evaluation by members
- Aggregating renewable energy request for proposals (RFPs) for members
