Ripple wind and proposed revenue cap
Posted: Fri Oct 14, 2022 8:56 pm
Got this email fro Ripple today -hope all sjubscribers and supporters will respond ........I have tonight
George .
Dear George
We need you to contact your MP and help get co-operatively owned wind farms exempted from the Government's proposed revenue cap. The revenue cap could potentially limit the bill savings you get from your wind farm ownership in future.
The Government's Electricity Prices Bill is being rushed through Parliament as emergency legislation. The Bill's 2nd reading, committee stage and 3rd reading will all take place on Monday 17th October instead of over weeks or months as would normally happen.
As the Bill is currently drafted, all electricity generators except those with a CFD or Feed in Tariff could potentially be subject to a temporary revenue cap. This means the revenues of Graig Fatha and Kirk Hill above a certain level might have to be paid to the Government rather than being applied as a saving on your bill. The Bill could effectively treat wind farms owned by consumer co-operatives exactly the same as wind farms owned by huge international utilities and infrastructure funds.
We have been in contact with various politicians, advisers and civil servants today and over the last few months.
We don't believe co-operative and consumer owned wind farms are the intended target of the revenue cap, but unless an exemption is granted, there is a risk you would be impacted.
Ideally we'd like an exemption in the primary legislation (the Bill itself). If that's not possible given the incredibly short timescales, there will be further opportunity to secure the exemption in the consultation and secondary legislation.
We want to make sure the Government and other politicians know how important an issue this is for you. It is too late for amendments to the Bill to be tabled now, but asking your local MP to raise the issue with their party's energy team increases the likelihood of it getting mentioned in the debates on Monday.
We have drafted letters you can share with your local MP. There are different letters depending on whether you're a member of Graig Fatha or Kirk Hill. If you're a member of both you can do a hybrid of the two.
Feel free to tweak them so they are personal. Just make sure to delete the words in red and replace them with the name of your MP at the top and your name and address at the bottom. Simply cut and paste the text from the letter into an email. Please make sure the text that's highlighted in yellow remains highlighted, otherwise it won't be clear what changes we are asking for.
Graig Fatha letter
Kirk Hill letter
You can find your MP and their contact details using the button below. Remember, you can reach out by email but many MPs can also be found on Twitter and Facebook.
Find my MP
We do not want to cause you to worry. We do not believe consumer and co-operativley owned wind farms are the intended target of the revenue cap, but in order to secure an exemption we do need you to highlight how important the issue is.
We'll keep you updated with any news as we get it.
Best regards
Team Ripple
George .
Dear George
We need you to contact your MP and help get co-operatively owned wind farms exempted from the Government's proposed revenue cap. The revenue cap could potentially limit the bill savings you get from your wind farm ownership in future.
The Government's Electricity Prices Bill is being rushed through Parliament as emergency legislation. The Bill's 2nd reading, committee stage and 3rd reading will all take place on Monday 17th October instead of over weeks or months as would normally happen.
As the Bill is currently drafted, all electricity generators except those with a CFD or Feed in Tariff could potentially be subject to a temporary revenue cap. This means the revenues of Graig Fatha and Kirk Hill above a certain level might have to be paid to the Government rather than being applied as a saving on your bill. The Bill could effectively treat wind farms owned by consumer co-operatives exactly the same as wind farms owned by huge international utilities and infrastructure funds.
We have been in contact with various politicians, advisers and civil servants today and over the last few months.
We don't believe co-operative and consumer owned wind farms are the intended target of the revenue cap, but unless an exemption is granted, there is a risk you would be impacted.
Ideally we'd like an exemption in the primary legislation (the Bill itself). If that's not possible given the incredibly short timescales, there will be further opportunity to secure the exemption in the consultation and secondary legislation.
We want to make sure the Government and other politicians know how important an issue this is for you. It is too late for amendments to the Bill to be tabled now, but asking your local MP to raise the issue with their party's energy team increases the likelihood of it getting mentioned in the debates on Monday.
We have drafted letters you can share with your local MP. There are different letters depending on whether you're a member of Graig Fatha or Kirk Hill. If you're a member of both you can do a hybrid of the two.
Feel free to tweak them so they are personal. Just make sure to delete the words in red and replace them with the name of your MP at the top and your name and address at the bottom. Simply cut and paste the text from the letter into an email. Please make sure the text that's highlighted in yellow remains highlighted, otherwise it won't be clear what changes we are asking for.
Graig Fatha letter
Kirk Hill letter
You can find your MP and their contact details using the button below. Remember, you can reach out by email but many MPs can also be found on Twitter and Facebook.
Find my MP
We do not want to cause you to worry. We do not believe consumer and co-operativley owned wind farms are the intended target of the revenue cap, but in order to secure an exemption we do need you to highlight how important the issue is.
We'll keep you updated with any news as we get it.
Best regards
Team Ripple