Ownership
NFE is owned by the community of people contributing to NFE's mission.
Owners or Members
Owner-member is the term we use to refer to people NFE recognizes as owners or members of the NFE co-operative.
- Each ownership category elects at least 1 and a maximum of 2 representatives on the NFE board. Each board member serves a 2 year term, they serve for a maximum of 2 terms.
- Owner-members take on 3 main categories. Some members can be recognized within more than one category.
Workers
- Workers contribute by investing time and skills to NFE activities they are hired to complete.
- They make most decisions about the day to day operations of NFE but their board representatives vote on the major decisions
- Becoming a Worker-Owner requires 3 things
- Work and report at least 240 hours or 6 months, whichever comes first. This work needs to be regular ie at least 5 hours per month.
- Agreement to the NFE ByLaws
- Approval of at least 2/3 our current worker-owners
Funders
- Funders contribute money to an NFE microgrid project.
- Their board representatives vote on major decisions
- Becoming a Funder-Owner requires 3 things
- Fund at least 10% of the cost Phase 1 of a given microgrid
- Agreement to the NFE ByLaws
- Approval of at least 2/3 our current funder-owners
Customers
- Customers contribute by using and paying for energy via NFE's microgrids
- Their board representatives vote on major decisions
- Becoming a Customer-Owner requires 3 things
- Contributing for at least 12 consecutive months
- Agreement to the NFE ByLaws
- Approval of at least 2/3 our current customer-owners
Please note that NFE membership voluntary. Individuals or organizations can be funders, workers or customers and chose not to apply for member/ownership.
Responsibilities of Owner-Members
- Active participation in NFE activities as prescribed by their membership category
- Voting on admission of new members
Benefits of Owner-Members
- Influencing Major NFE and NFE microgrid decision
- Annual Surplus sharing
- Workers - equal share of NFE's surplus (NFE is a worker-member of every microgrid we operate)
- Customers - proportional share of respective microgrid's surplus, proportional to their contribution
- Funders - proportional share of funded entity's surplus, proportional to their contribution.
- Existing owners get right of refusal to opportunities for new membership as workers, customers or funders.
Suspending Membership
- Ownership is suspended if an owner-member stops contributing and is given at least one warning.
- Ownership is suspended if an owner-member dies or is dissolved or closed in the case of an organization owner.
- The Board otherwise expels an Owner on grounds of actions contrary to the mission and values, as long as the Board uses a consistent, fair, and reasonable procedure for expulsion (provided in writing to the Owners) that gives an Owner a reasonable period of time in which to explain or correct a problem.
Non Owner Community Members
Not all our stakeholders are currently eligible for becoming members but are still part of the community so theoretically could be owners in the future.
- Suppliers - NFE partners with organizations like UEDCL (Macrogrid operator in Uganda), Calinmeter Co a metering supplier and Linux and EnAccess foundations are key software partners. We would like to include them as members but are get to craft a model to that effect.
- Regulators - Electricity Regulatory Authority (ERA) and Uganda National Beurou of Standards (UNBS) are also key stakeholders and part of our community but are currently not eligible for membership.
- Advisors - We have a board of advisors who provide guidance on our business, technology and people model. We may compensate these advisors for their time but they are currently not eligible for membership.
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