Powershop reveals cash for renewable projects from customers who paid more

Energy retailer raised $100,000 from customers, which will be given out as grants to community-owned energy projects

Amid fresh attacks on renewable energy targets from the federal government and large energy retailer ERM Power, smaller electricity retailer Powershop has raised $100,000 from its customers to be given out as grants to 10 community-owned projects around the country.

Three months ago Powershop launched the Your Community Energy initiative, where they gave customers the opportunity to pay higher rates, which it said would then be distributed to renewable energy projects that were community-owned.