A CSOP (Consumer Stock Ownership Plan) enables consumers – especially those without savings or access to capital credit – to acquire an ownership stake in a utility they use and thus to become “prosumers”:
- It is a consumer-centred investment model for general services providing participation both financially and in regards to management decisions.
- Avoiding personal liability of the consumer-shareholders, a CSOP permits co-investments of municipalities, small and medium sized enterprises (SMEs) and other local stakeholders.
- An intermediary entity (CSOP-Ltd.) invests into a new or existing RE plant and operates it on behalf of different actors as co-owners.
With the help of a CSOP, investments can be made into any kind of utility, for example water, energy, transportation and the like. When investing in renewable energy installations, CSOPs contribute to the energy transition and climate change mitigation by facilitating local, decentralised production.