Renewable Heating Hub Heat Pump Forums

Search with Wattson
Forums
Sustainable Sidetra...
Wind Generation
Opinions please on ...
 
Notifications
Clear all

Joining the Renewable Heating Hub forums is completely free and only takes a minute. By registering you’ll be able to ask questions, join discussions, follow topics you’re interested in, bookmark useful threads and receive notifications when someone replies. Non-registered members also do not have access to our AI features. When choosing your username, please note that it cannot be changed later, so we recommend avoiding brand or product names. Before registering, please take a moment to read the Forum Rules & Terms of Use so we can keep the community helpful, respectful and informative for everyone. Thanks for joining!

Opinions please on me putting a 2.5kW roof mounted turbine on my garage - am I mad?

 
Page 3 / 3
Wind Generation
Last Post by IRMartini 1 year ago
29 Posts
8 Users
7 Reactions
6,845 Views
RSS
 Marvinator80
(@marvinator80)
Reputable Member Member
Joined: 3 years ago
Posts: 201
Topic starter 18/08/2024 12:22 pm  

@gary 

I asked AI to analyse their documents and explain to me on this point. 

It says

Retail Value Savings:

  • The electricity generated by your share of the wind farm is credited directly against your electricity bill at the retail rate. This means that if you invest in enough energy to cover 4500 kWh per year, the savings on your bill would reflect the cost of 4500 kWh at the rate you would otherwise be paying to your energy supplier (e.g., 19p per kWh).

2. How It Works:

  • Ripple Energy partners with specific energy suppliers who manage these credits. When the wind farm generates electricity, the equivalent amount is deducted from your bill as if you had consumed it from the grid. You effectively receive the full retail value of the energy you’ve invested in.

3. No Wholesale Rates:

  • Since the credit is applied based on the retail value, there’s no impact from the wholesale market prices. You are benefiting directly from the electricity offset, meaning your savings are calculated at the same rate that you would otherwise pay on your electricity bill.


   
ReplyQuote
 Gary
(@gary)
Reputable Member Member
Joined: 3 years ago
Posts: 350
18/08/2024 12:47 pm  

I think you have just found that you can’t trust AI.  I’ve been with Ripple for several years since the first wind farm this year the rate is 6.55p per kwh

image

 



   
ReplyQuote
 Marvinator80
(@marvinator80)
Reputable Member Member
Joined: 3 years ago
Posts: 201
Topic starter 18/08/2024 3:36 pm  

@gary thanks Gary.

The share offer document gives an estimated return rate of 6.3% and the calculations provided by the site are also different again from that.

confusing. But even still probably worth it at 6.55p. I’ll sleep on it, I think. 



   
ReplyQuote
Mars
 Mars
(@editor)
Illustrious Member Admin
Joined: 5 years ago
Posts: 4643
07/04/2025 2:56 pm  

@marvinator80 did you ever pull the trigger in this?


Get a copy of The Ultimate Guide to Heat Pumps

Subscribe and follow our YouTube channel!


   
ReplyQuote
 IRMartini
(@irmartini)
Estimable Member Member
Joined: 2 years ago
Posts: 80
07/04/2025 3:52 pm  

You might want to have a look at some of the posts here

 

From what ive read small scale wind power isn't worth it, although it can be done.


“Anything worth doing, is worth doing right.”


   
ReplyQuote
Page 3 / 3
Forum Jump:
  Previous Topic
Next Topic  
Share:

Join Us!

Latest Posts

Members Online

Click to access the login or register cheese
Protected By
Shield Security PRO