Enova Community Energy goes into voluntary administration.
21 June 2022
Sadly, we understand that as a consequence of the hiatus in the National Energy Market, Enova Community Energy has announced to their customers and via ASIC that they have voluntarily appointed administrators and will cease trading.
Unfortunately, the lack of an effective national climate policy, an electricity wholesale market heavily biased towards large scale fossil fuel generators, combined with the current global energy crisis means Enova Community Energy are not likely to be the last environmentally and socially conscious energy company to suffer this fate.
The Enova Energy Story…
Do you want an energy provider that doesn’t invest in coal, gas, or oil?
How about an energy provider whose profits stay in Australia and are reinvested here?
For many of us in our Port Stephens community, we want our money to stay local to benefit our communities, and not go offshore to multi-national corporations.
For this reason, and many more, EcoNetwork partnered with Enova Community Energy who are based on the NSW North Coast. Enova works with communities to generate and share their own renewable energy.
We believe that Enova to be genuinely committed to a 100% renewable energy future.
Why EcoNetwork chose to partner with Enova Community Energy?
Enova Community Energy is a not-for-profit social enterprise which …
- does not and will not invest in coal, oil or gas.
- is 100% Australian owned and operated, with 1600 community shareholders.
- reinvests 50% of its profits into Australian communities.
- sources energy from its customers’ rooftops as well as renewable energy generator Diamond Energy.
- is rated by Choice Australia in 2020 as the best electricity provider for customer service and environmental sustainability.
- helps people with practical solutions to address climate change.
Enova Energy wins Canstar Blue Green Excellence Award
EcoNetwork’s recommended energy supplier Enova Community Energy has won Canstar Blue’s 2002 inaugural Green Excellence Award.
The award follows earlier commendations from CHOICE and Greenpeace.
Canstar Blue’s Energy Editor Jared Mullane said the award recognises Enova Energy for setting a new green benchmark that shows a strong commitment to sustainable energy generation.
“Rather than offering carbon offset products, Enova focuses on sourcing energy from renewables and therefore aims to tackle environmental issues earlier in the chain,” he said.
Canstar Blue is a respected Australian comparison website that uses consumer and expert research and data to identify and rate products and services.
EcoNetwork favours Enova because it does not and will not invest in coal, oil or gas; is 100% Australian owned and operated with 1600 community shareholders; reinvests 50% of its profits into Australian communities; and sources energy from its customers’ rooftops as well as from renewable energy generator Diamond Energy.
EcoNetwork has formed a partnership with Enova, a not-for-profit enterprise based on the NSW North Coast. Under the partnership every time anyone signs up to Enova, quoting the code EcoNetwork50, Enova will contribute $50 to support our grass-roots projects and campaigns.
The Canstar Blue award follows CHOICE’s latest rating of Enova as among the best energy retailers for call response, customer complaints and environmental sustainability. In its 2022 Green Electricity Guide Greenpeace ranked Enova Energy equal first among 48 suppliers.
Commenting on the Canstar award, Felicity Stening, Enova Energy’s managing director said: “From day one, Enova has focussed on ensuring its ownership, structure, energy sourcing and profit-for-purpose social enterprise model combine to actively address the causes of climate change and to increase climate resilience in our communities.”
Enova Energy receives 5-star green ranking
Greenpeace has ranked Enova Energy, EcoNetwork’s favoured electricity retailer, equal first among 48 suppliers in its 2022 Green Electricity Guide.
Enova shares the 5-star ranking with partner Diamond Energy, a renewable electricity generator and retailer.
Operating in NSW and southeast Queensland, Enova sources almost all its energy from distributed solar panels from customers, and from Diamond Energy, which operates in VIC, NSW, SA, and QLD. It is also a social enterprise, giving half its profits (after tax and reinvestment) back to the community via energy efficiency, education and community projects. It is not involved in fossil fuel extraction.
Anyone switching their energy supplier to Enova will help EcoNetwork Port Stephens in its grass-roots projects and campaigns. Each customer making the switch just needs to use the code EcoNetwork50 when they sign up and Enova will contribute $50 to EcoNetwork.
Enova scored 100% on Greenpeace’s criteria: providing clean renewable energy, ending coal use by 2030, halting fossil fuel expansion, support for new renewable energy, pollution and environmental harm, and transparency in marketing.
Enova’s partner Diamond Energy is more than 80% owned by its employees and company directors, and only generates renewable electricity, from sources such as wind, solar and bioenergy. It also owns over a thousand rooftop solar installations and is the first retailer to offer an export tariff for home batteries.
The big climate polluters, including Origin Energy, Energy Australia, Powerdirect, ActewAGL and AGL Energy have been ranked last with one star. Powershop, the renewable power retailer taken over amid controversy by Shell, was ranked 10th with 4 stars.
The Green Electricity Guide is a fully independent assessment of Australia’s electricity retailers, to inform consumers about their options to switch to a greener electricity provider. The current version of the guide has been researched and created by Greenpeace with advice and support from the Total Environment Centre.