Ripple Energy wind farm?

paul991

its  a pity closing date wasn't a few months later so people could see a few payments from the  first  one .i would be happy to buy a bit more but up to 120 % already

Verdigris

so people could see a few payments from the  first  one

The payment was announced. It was about double the the figure in the prospectus, IIRC.

barker77

Oh that’s interesting.. so does that mean if say I invested at £80 a month that my pay out could change etc 

Verdigris

It's not a monthly payment, it is cash up-front.

The rules say you can buy up to 120% of the average UK electricity consumption, without question, but you can buy more if you can prove your consumption is higher, say, if you live in an all-electric house.

TCA

Although you can pay in 12 monthly instalments.

Verdigris

TCA said:

Although you can pay in 12 monthly instalments.

Ah, I'd forgotten that. I'm much obliged to m'learned friend.

TCA

Verdigris said:

TCA said:

Although you can pay in 12 monthly instalments.

Ah, I'd forgotten that. I'm much obliged to m'learned friend.

Lol. No problem.

It's also 120% of your own annual consumption, not of the UK average.

Verdigris

Just as well I'm not a barrister!

Ripple of the Bailey.

Exiled_Tyke

Verdigris said:

so people could see a few payments from the  first  one

The payment was announced. It was about double the the figure in the prospectus, IIRC.

But do be aware, while nobody knows what's coming Ripple's own forecasts show electricity prices decline sharply in about a year's time.   

Verdigris

I suspect Ripple's forecast was made before WW3 broke out.