Echo Energy lighting the path for community building

Sales create a fund that is channeled back into the community

  • Nov. 10, 2016 4:00 p.m.

BY KALISHA MENDONSA

Lacombe Express

Lacombe residents are able to support community-building projects by simply paying their bills with Echo Energy.

Echo Energy was launched in 2013 with the vision of the sales creating a sustainable fund that would be channeled back into the community. Through successful partnerships Echo Energy has been building up slowly since then, now with over 200 registered accounts.

Guy Lapointe, community economic development manager with the City of Lacombe, is excited about the project and how it’s being integrated into community building.

“The intent was to be able to build capacity for projects in Lacombe. We wanted people on board with the program, realizing it’s not a profit-maker, it’s a community builder that’s the whole intention of the program,” he said.

“What the City of Lacombe has done is they created Echo Energy, where 100 per cent of the profits are put back into our community. Not only that, but the money is managed by the Echo Lacombe Association, not through the City.

“It is money generated by the community for the community, and that is a very different approach,” Lapointe added.

The profits generated from these accounts have now been designated successfully to two community programs one being a new outdoor performance stage that will be built in the courtyard of the Lacombe Memorial Centre (LMC) through the Lacombe Performing Arts Foundation, and the second project being a $4,000 donation to the Lacombe Composite High School for an upcoming 2017 Youth Conference.

Lapointe said it’s a very simple, transparent program that allows people to directly see the impact of local spending through a local service provider that in turn provides for the community.

He said it’s an incredibly sustainable project and that it’s very beneficial to the customers and residents of Lacombe.

With the current customer rate, Lapointe explained the Echo Energy Fund generates approximately $20,000 per year.

“We just got passed our mark of 200 customers. We are starting to build up our customer base through word of mouth, but we’re really hoping to see that number grow. We’re aiming for 350 accounts by the end of next year,” he said.

“At 200 accounts, we are generating about $20,000 per year for the Echo Energy Fund, and with 350 accounts, we could be seeing about $40,000 to 45,000 per year.”

The ultimate goal for accounts registered is 1,500, out of the approximate 5,000 residential dwellings in the City.

“We could be generating about $200,000 a year for community projects if we were able to achieve that goal of 1,500 accounts,” Lapointe said.

“It’s not outrageous to hope for those kinds of numbers and there is no shortage of projects we could support in the community.”

For more information, check out www.echoenergy.ca.

kmendonsa@lacombeexpress.com

 

Just Posted

Lacombe business drives home with CARS Magazine 2019 Shop of the Year Award

Lacombe Auto Service Centre Ltd. looking to keep evolving with industry

Lacombe Corn Maze celebrates 20 years in central Alberta

Kraay Family Farms will be celebrating the occasion all season

Lacombe’s Chairs for Charity is back for second year

75 chairs to be auctioned off in hopes of raising $10,000

Community mourns the deaths of two Maskwacis toddlers

Siblings found drowned on family’s property

Highlights of the Lacombe County council meeting – July 11, 2019

Next Regular Council Meeting is Thursday August 8

WATCH: Lacombe AUPE members picket against Bill 9

Union members say their constitutional rights have been ignored

Sexual harassment complaints soaring amid ‘frat boy culture’ in Canada’s airline industry

‘It’s a #MeToo dumpster fire…and it’s exhausting for survivors’

How much do you know about the moon?

To mark the 50th anniversary of the first lunar landing, see how well you know space

Bashaw seed cleaning plant holds official opening

New facility operating well since January

Couple found dead along northern B.C. highway in double homicide

Woman from the U.S. and man from Australia found dead near Liard Hot Springs

Bank of Canada lowers qualifying rate used in mortgage stress tests

Home sales softened last year after the federal government introduced new stress test rules for uninsured mortgages

Wetaskiwin RCMP investigate indecent act at By The Lake Park

Complaint said man exposed himself in Wetaskiwin

$900M settlement reached in class action on sexual misconduct in Canadian military

After facing criticism, the government moved to begin settlement proceedings in early 2018

Chiefs honour Indigenous leader wrongfully hanged in B.C. 154 years ago today

Chief Joe Alphonse says they want his remains returned to his homeland in B.C.’s Cariboo region

Most Read