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| A fair approach to Renewable Power |
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R-Wind Formula After the 'kickstart' period when the first few turbines are installed, investments received will contribute towards the finance of further projects. Rewards (above a base level) offered to communities in the vicinity of each project will be in proportion to the number of local investors and amounts invested. Investment return will be to some extent dependent on the physical distance from each investor's home to their local turbine. Benefits to local people may be offered in the form of discounted electricity prices if they are signed up with the green supplier who purchases the turbine power. Distance related benefits can be on a postcode basis. While it may be necessary to seek conventional finance for projects initially, it is hoped that as projects grow in number this dependence will cease and that investors will benefit more from a growing income managed to allow an appropriate growth in turbine numbers also. |
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