Ripple Energy wind farm?

MarzipanCrumble

You do know that when you die you can pass on your share allocation?
▶ Your shares in the cooperative are “withdrawable” but not transferable. This means you cannot sell your shares directly to someone else, but the cooperative can buy them back from you, according to a policy set by the cooperative board. If you die your shares can, however, easily be transferred to someone else.

So your heir(s) as in your will.  I assume.  Maybe worth nothing but if I die in a month maybe worth something

Exiled_Tyke

will-he-payitoff said:

This is money I could spend on other FF reduction (e.g  more home insulation) I don't have limiteless pot sadly. 

You may be able to get insulation fitted free.    https://www.moneysavingexpert.com/utilities/free-cavity-loft-insulation/

I'm beyond eligibility for that and have done most of the fundamentals.  I'm now working through floor insulation and internal wall insulation 

Oscarmax

Oscarmax said:

I have been on line with Ripple its due to go live sometime in 2025, I have converted my £25 to shares saving £2 a year when on line.

I asked Ripple why are the returns so low compared to Octopus 15 pence and Flux 22 pence export rates, they informed because the Government have predicted the wholesale price to fall.

thevilla

MarzipanCrumble said:

You do know that when you die you can pass on your share allocation?
▶ Your shares in the cooperative are “withdrawable” but not transferable. This means you cannot sell your shares directly to someone else, but the cooperative can buy them back from you, according to a policy set by the cooperative board. If you die your shares can, however, easily be transferred to someone else.

So your heir(s) as in your will.  I assume.  Maybe worth nothing but if I die in a month maybe worth something

Ripple's website allows you to nominate a beneficiary.  I presume a will would override that nomination but a will is not required, it's similar to pension funds nomination.

70sbudgie

For anyone that is interested and hasn't already found the information, there is something called the Embedded Capacity Register that lists all connected and accepted to connect schemes. It is hosted by the relevant DNO. According to the ECR, Derril water is 32.2MW, it secured its grid connection in July 2020 and has a target energisation June 2024 (and it's a solar farm, but I know you already know that! )

imeldamarcos

I understand from Ripple that more shares in Kirk Hill from members withdrawing will be released to those on the waiting list after the current solar power share offer is completed, so still worth waiting if you want shares in the co-op which owns the Kirk Hill wind farm.

Raxiel

I imagine the waiting list would still be bigger than the amount of shares that get released, but I can't see that there's anywhere to even join it.

Is it only for existing Kirk Hill Co-op Members?

Coastalwatch

Hi @Raxiel, it is for existing Kirk Hill members only so unless you are a member then it's unlikely you will come across it. .

70sbudgie

With Kirk Hill, the Ripple website had a running total of the % uptake. Is there anything like that for Derril Water? If so, where?

JKenH

Interesting video (albeit slightly negative) on the Ripple solar farm offering from the EV Puzzle, a keen solar and EV advocate.

https://youtu.be/XNfcqSmm0_U