What would happen if an energy company came to the market with a new vision? An entirely new way of supplying energy to the people of the United Kingdom.
At NFPNRG, we believe each and every person should have the opportunity to receive a fair and equal portion of energy at cost price. That means - whatever the wholesale cost of that energy is, plus the cost to deliver that energy.
In this section, we will explore the possibilities of NFPNRG, the cost implications, and the ways it can be delivered.
The idea behind NFPNRG is simple. We, the nation are the people who make and deliver the power already. And we're paying for it through our bills.
We are the "end-user" and the "consumer" so we pay all the fees that come before.
We pay everyone's wages, mortgages, fuel bills, food bills, and more... We also pay billions to corporations in profit.
So, what if someone sets up a company that does the same thing... but doesn't sit on billions in profits?
An investment of £19 per person can provide NFPNRG with all the funds required to lay the foundations to provide not-for-profit energy.
Along with the £19 investment, there is the promise to be a customer. Every investor automatically wants this venture to work. They want to talk about it and tell people there could be a better way to provide energy.
Because equality is important
The company was created to have almost no value. Each share has a face value of GBP 0.000003. The value is fixed, it doesn't go up or down.
The Idea of an NFPNRG share is that it entitles the holder to a vote in how the company is run (should they wish to vote) It also entitles them to their share of energy.
The share is symbolic of the nation coming together in their tiny way to make something huge happen.
We get many questions about investor figures, routes to market, and the legalities of having meters removed and replaced. The truth is - We haven't answered many of them!
No company, large or small, will reveal its strategy, secrets or routes to market until they are secured and protected.
This is covered in more detail further on.
INVESTMENT AND FINANCES
How our funding works
We want the nation to own this company. Essentially a nationalized yet privately owned business. Initially, we have asked for an investment of £19, split into 2 pools of funds.
The first pool takes £4 of the invested money which is placed into a fund that covers startup costs, website bills, and other small costs such as transaction fees.
The majority of this fund remains untouched and will be used to fund license applications, premises, and salaries during the initial phases of setup.
The remaining £15 is combined with the money from other investors and will be used towards our first wholesale purchase.
KEY FUNDING INFORMATION
1 share per investor
The investment is £19 per person. Each investor is entitled to just 1 share in NFPNRG.
These will be gifted to the investor in due course.
Number of Investors Required
We would like to see a minimum of 250,000 people backing NFPNRG before we begin to build this organization. That would give us an amazing chance of success. However, if we can rapidly expand to 1 million investors, NFPNRG would be unstoppable!
No investor will have to put in more than their initial £19 during the start-up funding rounds.
However, NFPNRG isn't a key to free energy and it will be necessary for each member to put in additional funds to pay for energy down the line. This will, however, be on a not-for-profit basis.
We provide monthly updates to all our investors via the Investors Portal.
We also update this website on a regular basis with new information and updates on our progress.
This graphic shows how quickly we can achieve quite huge targets when we act together for the greater good.
RAISING FURTHER FUNDS
We are well aware of the need to raise funds for the future and that £15 per household for energy wouldn't get very far.
Combining the £15 from hundreds of thousands of people around the country will turn NFPNRG into a severe threat to the energy market and demonstrate the ability to raise funds very quickly through our members.
This will appeal to the energy wholesalers and companies that maintain our power grid.
INITIAL START-UP AND PROJECTED MAXIMUM COSTS FOR THE FIRST 12 MONTHS
START-UP PURCHASED AND PROJECTED COSTS
A number of domains have had to be purchased to secure the brand identity. These have already been paid for. Proof will be provided in upcoming account releases as our administration team develops.
There is no way of hosting a website yourself that you can guarantee is compliant with all data protection laws, is GDPR compliant, and offers the same financial protection as the likes of Amazon.
This all costs money along with the facilities to manage a customer database and provide a basic billing platform.
Moving NFPNRG forward.
Further functionality will be enabled as it becomes necessary.
This is another key expense in the early days - That is, getting in place the infrastructure to deal with up to 1 million investors and being able to effectively communicate with each and every one.
It's also important that we are accurately able to take meter readings and provide company financial updates.
We haven't really designated an advertising or publicity budget yet, nor have we made any attempt to pay for publicity. However, this is in the pipeline. We have had a limited number of static cling stickers made. These can be fixed to and removed from any shiner surface. They can also be reused.
The profits from the sale of these limited edition stickers will go towards our publicity budget.
We will produce another limited edition design if these appear to be successful.
BUSINESS, FILING & REGISTRATION
Minor costs that have already been made. Documentation will be available in upcoming account publications to investors.
MAILING, ADMIN, PETTY CASH ETC
This is the portion of the costing that takes into consideration the distribution of any share certificates, petty cash spending such as small stationery items, travel to meetings etc. All expenses will be detailed within the investors report.
PROJECTED SALARIES & CONSULTANCY FEES YEAR 1
The following is based on gaining 100,00 backers.
PREMISES & FACILITIES
Up to £150,000
up to £60,000
HEALTH, SAFETY AND COMPLIANCE
Up to £40,000
Up to 28,000 each
CUSTOMER SERVICES MANAGER
Up to £32,000
FINANCE AND ACCOUNTING
ABOUT NFPNRG SHARES
Could this company be set up as a charity, CIC, or another type of business? Why the need for shares?
In theory, NFPNRG could have been set up as a CIC or charity, and it may well have been much easier. But owning something is important. Even if it's really worthless.
We chose to use the share structure because we wanted the share to stand for something more than profit or a dividend. We wanted our shares to mean you are equal. That you put in the same as everyone, have the same voice the same rights, and get the same back out.
That's why our shares are limited to 1 per investor, and that's why it's important that everyone has one.
Owning shares in a business can be risky. It can also have tax implications or effect a person's benefit claim.
Shares are Gifted at 1 per person
Shares in NFPNRG are not "for sale". They can not be resold or traded. They are a symbolic gift to ultimately make this company privately nationalized.
You do not have to accept a share
We understand that accepting a share once you are an investor *could* have an impact on your benefit claim. You should check with the DWP or HMRC to find out what impact owning a share in NFPNRG will have. If you cannot receive a share, one will be placed in trust for you. You will still receive all voting and energy rights for your share.
Any tax returns can be calculate for you
Once you receive your share you may be required to submit any tax returns based on your ownership of it.
If this is the case, your return would be identical to hundreds of thousands of other shareholders. We will create and send to you everything necessary to remain in good standing with HMRC.
Dividends and Payments
NFPNRG does not offer a financial return on your investment. There is no way for anyone to "cash-out" with more than they put in unless they are committing a fraud.
The return on your investment is ENERGY, provided without NFPNRG making or holing on to profits.
ENTRANCE TO MARKET
Information in this section is limited. We have tried our best to strike a fair balance between answering questions related to our route(s) to market whilst maintaining a level of privace which is necessary to protect our future growth.
All companies must have a route to market or they are doomed to fail before they've even begun. Not only does NFPNRG have an entirely new way of looking at the the UK energy market - we are also disrupters and intend on shaking up more than just the energy industry. This is just the start of a new way!
It would be foolish of us to reveal our entire corporate strategy here for all to see. However, here are some things we have considered or could still implement on some level.
This option is to simply and legally set up NFPNRG as a legally licensed supplier. This process will be very time consuming and could take a couple of years to complete depending on how fast we grow.
PURCHASE AN EXISTING COMPANY AND REBRAND IT
There is the potential to buy majority shares in, or purchase outright, an existing energy company and rebrand it as NFPNRG. It does however, come with its own challenges.
MASS METER SWITCH
One of my most controversial ideas surrounding NFPNRG is to create a register of privately owned meters and create and algorithm that would accurately provide billing for members based on their use.
PIGGYBACK OFF EXISTING INFRASTRUCTURE
Offers have already been made to NFPNRG to be able to "piggyback" off other companies existing infrastructure. This would, of course, involve a fee to use the offered services. But, it is still a route to market we could consider when our numbers are large enough.
SEMI-SUPPLIER / HYBRID CUSTOMER
What if there was a way where you didn't have to change your supplier yet you could still be a member of NFPNRG and get a set amount of energy at a price which is essentially the wholesale cost+ the cost to deliver.
We believe we have found a way and you can join us by visiting the investment section of the website.