Sydney LETS (Local Energy Trading System) is an alternative trading network made up of individuals who trade goods and services using a community currency called “Operas” instead of money.

Check out the video from Central Coast LETS to find out how it all works:

LETS Mission
To improve members’ quality of life by providing, managing, promoting and supporting a community trading system to allow the trade of skills and goods without money.

Better than Barter
Barter is a simple one-to-one exchange – I cook for you in return for you digging my garden.
LETS is different – I cook for John; John digs Mary’s garden; Mary cuts Joe’s hair; Joe fixes Lenny’s car; Lenny sells me vegetables and so on around the system…
Each of these trades is paid for in operas and recorded in a central ‘bank’.

Why join?
Community trading strengthens community values and relationships, promotes self-sufficiency and supports sustainability, prevents stuff from going to landfill, gets neglected jobs done, potential to inter-trade with other LETS communities, meet like minded people, build and be a part of the local community.

Trade is no longer limited by the availability of cash
LETS is a “parallel economy” supporting local communities and empowering individuals.

Questions? Drop us a note: syce@community-exchange.org

Map of Traders
Last updated Jan 2011