Junee Community Circular Fund

Community stories: 26 August 2024

In 2020, Junee Community Power (JCP) introduced a circular funding model to allow local community groups and NFPs to install solar power on their premises to help reduce their operating costs. They also gained access to equipment to complete energy assessments on buildings, which they now offer as part of their service model.

The organisation is fully led by volunteers and, in the later stages of the IRCF program, has accessed some administration and feasibility support from FRRR. Over the course of the IRCF program, the organisation has been able to refine its processes by:

  • Clarifying the Circular Funds Business Model with the Community Power Agency;
  • Solidifying their vision and purpose;
  • Streamlining meeting and reporting procedures; and
  • Engaging a solicitor to formalise loan contracts with participants.

Lasting community impacts

They have successfully supported two community organisations to apply for funding to install solar power and improve energy efficiency – Junee Community Centre and the Senior Citizens Centre.

One of the board members said the system is already even more than they had hoped. “Junee Community Centre has paid back to the circular fund years before we expected. This has enabled more upcoming projects – big and small. We can also go back to the Community Centre to look at what else they need.”

JCP also assisted the Senior Citizens Centre to apply for funding for re-wiring, and a new fridge and stove, which were funded by IRCF. Community members are now using the Centre more often and for longer periods of time.

Shovel-ready to support community through the renewable energy transition

JCP remains incredibly active at the culmination of the IRCF program in their area. The group is working on disaster preparedness, with Junee and Illabo Showgrounds both being considered as places of last resort during natural disasters etc. JCP is also working closely with the regional Organisation of Regional Councils Riverina Eastern (REROC) as a potential regional partner and received funding through IRCF to undertake a feasibility study to support this work.

“When government funding becomes available for community batteries later in the year, we’re in a shovel-ready position now to make an application, we’ve got the costing and we’ve got the feasibility already done.”