An energy company is offering households the chance to reduce their bills by buying their own share of a wind farm.
Ripple energy, a new start-up, allows households and businesses own small shares of large-scale wind farms and solar parks. The firm has a co-operative model where the energy generated will be much cheaper than the market price.
According to Sarah Merrick, CEO and founder of Ripple Energy, households who invest in building the wind farm, would receive “the low-cost green electricity that their little bit of the wind farm generates.”
“It’s kind of an alternative to rooftop solar, instead of owning entire solar panels on your home, you own bits of large solar parks and wind farms located somewhere else in the country and you get the savings delivered straight to your electricity bill each month,” she said.
More details at their site here
