Ripple Energy wind farm?

Exiled_Tyke

Netexporter said:

I wonder if it is possible to put one's share into a SIPP? I assume the "interest" would then be tax free.

It would be nice wouldn't it?  To be eligible shares have to be listed on a recognised stock exchange so it doesn't look very likely!    

chqshaitan

just been checking my energy statements and noticed that i have received a ripple credit on the 18/01/26. anyone else had this occur?

I thought payments were on hold for the time being pending a way forward(ie being paid directly into our bank account)

QrizB

chqshaitan said:

just been checking my energy statements and noticed that i have received a ripple credit on the 18/01/26. anyone else had this occur?

There's nothing showing on my Octopus account.

Which supplier are you with? And which co-op?

chqshaitan

QrizB said:

chqshaitan said:

just been checking my energy statements and noticed that i have received a ripple credit on the 18/01/26. anyone else had this occur?

There's nothing showing on my Octopus account.

Which supplier are you with? And which co-op?

I am with eon and bought roughly 2.5kw of generation in kirkhill wind farm, received £135.18 to be exact. 

paul991

No but Ethex have been in touch to open me a account to hold Graig Fartha in, and i think Kirk hill will follow are you sure its not a legacy payment as Ripple no longer exist

chqshaitan

paul991 said:

No but Ethex have been in touch to open me a account to hold Graig Fartha in, and i think Kirk hill will follow are you sure its not a legacy payment as Ripple no longer exist

Hi Bud, i will reach out to eon to query the situation.

chqshaitan

have had a response from Kirk Hill and they have clarified that EON did not pay the ripple payments gross and have now settled the final amount.

I quote "We discovered last week that E.ON was refusing to pay the gross proceeds over to the spv as the others have done and I am in the process of drafting up an email.

They said they were going to pay members directly but didn't give us a date, so thank you for alerting us, I'll update the email accordingly for everyone, and of course you don't need to respond to it.

Future payments will be direct (via ethex) and not via any of the suppliers.  And yes, we'll have to do a true-up to make sure everyone gets the correct amount going forward."

QrizB

Kirk Hill put out their monthly members update today.

Mostly it's general reassurances that the loose ends from Ripple's collapse are still being tied up but there were a couple of interesting points.

The first is that the past three months have seen generation above the forecast P50 level and, as a result, cumulative output to date has clawed its way up to the P75 level. This is good to see and gives me some reassurance that the forecasts were correct.

The second is that they've agreed a PPA at around £80/kWh MWh for the year from April 2026. This is a much better price (for a generator) than the previous deal and should mean that, once payments resume, there will be a decent chunk to pay out!

Netexporter

And 2 chunks a year.

Reed_Richards

…they've agreed a PPA at around £80/kWh

That doesn't seem right, @QrizB. £80/MWh perhaps?