Ripple energy "strike off"

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Fueltheburn
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Re: Ripple energy "strike off"

#161

Post by Fueltheburn »

Just for clarity:

Chargeback is from either a direct debit or charge card and comes directly from the accounts of the accused. They can reverse this if your evidence is not strong enough.
I would think the account still needs to be open.
Chargeback under normal circumstances has a 60 day window to be opened from point of issue arising however can be extended where delivery is expected to be outside of this window.

Section 75 comes from the credit card provider and is considered a nuclear option. It has a longer timeframe allowed. The amount needs to be between £100 and £30,000. If you pay £101.01 for an item of £29,999.99 you are covered for the entirety by the card.
This is actually why car dealers do not like accepting credit cards.

I don't know if chargeback becomes an issue if the accounts of Ripple dry up with the flurry of chargebacks draining the accounts.
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nowty
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Re: Ripple energy "strike off"

#162

Post by nowty »

Fueltheburn wrote: Thu Apr 03, 2025 12:30 pm

..................., I don't know if chargeback becomes an issue if the accounts of Ripple dry up with the flurry of chargebacks draining the accounts.
I was wondering that because the payment account might be in a different name from the member and the "Ripple Coop 4 Ltd" may not be able to access data from Ripple Energy Ltd anymore.
18.7kW PV > 110MWh generated
Ripple 6.6kW Wind + 4.5kW PV > 33MWh generated
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nowty
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Re: Ripple energy "strike off"

#163

Post by nowty »

John_S wrote: Thu Apr 03, 2025 10:15 am On the Ripple dashboard, the monetary value of April generation is being calculated at

5.3p per kWh for Graig Fatha

4.3p per kWh for Kirk Hill

(subject to roundings)

Looks like the deduction for running costs has gone up substantially.
No ones put any new data in so its simply defaulted to the "Estimated average annual savings rate's" as shown on your Ripple account portfolio. There is even an estimated rate for DW and WB.
18.7kW PV > 110MWh generated
Ripple 6.6kW Wind + 4.5kW PV > 33MWh generated
7 Other RE Coop's
105kWh EV storage
90kWh Home battery storage
40kWh Thermal storage
GSHP + A2A HP's
Rain water use > 530 m3
Tinbum
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Re: Ripple energy "strike off"

#164

Post by Tinbum »

It's been confirmed the that the WB monies are not in an account controlled by the WB coop. :roll:
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nowty
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Re: Ripple energy "strike off"

#165

Post by nowty »

Tinbum wrote: Mon Apr 07, 2025 7:32 pm It's been confirmed the that the WB monies are not in an account controlled by the WB coop. :roll:
Ouch. :evil:

Info from the WB Action group, who seem to have partly taken over the Coop 4.
https://blog.whitelawbrae.org.uk/2025/0 ... l-meeting/

2. Power Generation Payments

Firstly, to clarify an important point about the money paid by Co-op 4 members for power generation (not the Ripple joining fee): our understanding is that this money is not in an account owned by Co-op 4.

3. Communication with the Administrators

We’ve asked the board to reach out to the administrators with a clear message: under the Co-op’s contract with Ripple, these funds belong to Co-op 4 members and must not be used for any purpose other than what was originally agreed. We’re pleased to confirm that the board agreed to do so, and this communication was formally sent last Friday at 10am (4/4/2025).
18.7kW PV > 110MWh generated
Ripple 6.6kW Wind + 4.5kW PV > 33MWh generated
7 Other RE Coop's
105kWh EV storage
90kWh Home battery storage
40kWh Thermal storage
GSHP + A2A HP's
Rain water use > 530 m3
Tinbum
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Re: Ripple energy "strike off"

#166

Post by Tinbum »

https://community.rippleenergy.com/gene ... FY4C1tsurp

New post on Community…
1st Energy Acquires Ripple Energy
Good Morning Ripple Energy Customers
On behalf of the 1st Energy Management Team I would like to Welcome you to the 1st Energy Family.
We are pleased to announce that as of Friday 4th April 1st Energy acquired the Assets, IT and Administration Services of Ripple Energy, following discussions with the administrators securing these services for you, the Ripple Energy Customers.
At 1st Energy our Mission is to provide “Low Cost” Green Energy for all our customers. Following our discussions with Ripple Energy, it was clear that their vision was aligned with our own and therefore we wanted help ensure the structure they built to deliver this vision in which you all shared, was secured.
Although it is very early stages we were keen to come online to make contact with you all and reassure you that we will do all we can to put arrangements in place to ensure that your green energy supply journey continues as expected.
We have initiated contact with your respective Co-operatives Board Members and Energy Supplier Representatives to begin dialogue to make certain that your services and energy savings continue as normal.
As you can imagine this is a complicated process of many conversations and agreements which will take time to formalise, however we are committed to working with all partners concerned to agree service arrangements with each party involved.
Our initial focus is on the 3 operational sites;
a.) Graig Fatha Windfarm.
b.) Kirkhill Wind Farm.
c.) Derril Water Solar Farm.
The Whitelaw Brae site is under construction and funds associated with this project are under the control of the administrators who will be in touch with members in due course.
We will provide further updates through this platform as discussions develop, to keep you all up to date with our progress.
Kind Regards
The 1st Energy Team
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Joeboy
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Re: Ripple energy "strike off"

#167

Post by Joeboy »

Isn't that a bit odd? I thought the co-op's went their own way?

I didn't know Whitelaw brae was under construction? Maybe a single magic shovel of earth broken on site and documented cracks open the funds.

Sorry, dark mind kicking in again. :roll:
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cojmh
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Re: Ripple energy "strike off"

#168

Post by cojmh »

I think the reason that they have posted that on the website is to get us all thinking about joining them (i.e. get their company name in the minds of members before we presented with other options).

I would imagine the co-ops will be able to make their own decisions and I also think in the case of Kirkhill that Bruntwood would have a large say too (I am assuming they cannot have their own agent)

I would be interested to see what other options there are out there. The fact that they have purchased all of the Ripple infrastructure too could mean that this is a new branch of business for them and there will be an associated learning curve (could also be just to expand their current infrastructure I suppose but hope for the best plan for the worst!)

Will be interesting to watch

Also, them saying that the funds of WB are in the hands of the administrators also confirms that the WB money was in company controlled hands - as per the info from the coop 4 group.
Tinbum
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Re: Ripple energy "strike off"

#169

Post by Tinbum »

WB has started but is being done by others, noting to do with Ripple at all so irrelevant.
1st Energy seem to be a miniscule company, only seem to have a couple of employees.
85no 58mm solar thermal tubes, 28.5Kw PV, 3x Sunny Island 5048, 135kWh Rolls batteries, 52kWh Growatt storage GBLI 6532, 66kWh Pylontech US3000C, 43kWh DIY, Sofar ME3000's, Brosley wood burner and 250lt DHW
AE-NMidlands
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Re: Ripple energy "strike off"

#170

Post by AE-NMidlands »

Tinbum wrote: Wed Apr 09, 2025 11:48 am WB has started but is being done by others, noting to do with Ripple at all so irrelevant.
1st Energy seem to be a miniscule company, only seem to have a couple of employees.
The website of a company by that name in Livingston makes it sound a) biggish and b) not a bad match...
https://www.1stenergy.co.uk/
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