“BY 2015, large-scale onshore wind had become the UK's cheapest source of power. But the industry's response was, ‘well, we'll sell our power to Google or Facebook or Amazon under long-term contracts’.
“Well, that's great if you're a massive corporate, but what about me as an individual? I can't directly access the UK's cheapest source of power.”
That dilemma inspired Sarah Merrick to quit her executive job at Vestas – the world's largest wind turbine manufacturer – and set up her own firm looking to make cheaper renewable energy available to everyone.
In 2017, she founded Ripple Energy, a firm which will in early 2024 connect the UK’s “largest consumer-owned wind farm” to the grid.
The Kirk Hill site, at Kirkoswald in Ayrshire (above), is co-owned by some 5500 people through a co-op managed by Merrick’s firm. Each paid around £1700 for their share.
“Individuals, they don't know how to negotiate a turbine contract. They don't know how to do due diligence on a project. So we professionalise and we bring all of our expertise so that non-experts can enjoy the benefits,” Merrick says.
“Our whole mission is to make green energy ownership – and it's the ownership bit that's really key – affordable and accessible for everyone.
“The co-op owns the wind farm or solar park, we just manage and facilitate it for people. It's not like a smoke and mirrors financial product, it is a genuine ownership of an asset.
“They can go and visit their turbine. They can touch it. If you have an open day, they can go and have a look inside. They genuinely own it and the savings on their bills are directly linked to how much their individual share generated the previous month.”
READ MORE: 'Renewables jobs growth shows Scotland needs powers over energy'
Merrick said that the amount which each household can save off their bills in a year varies according to market prices for energy.
The Ripple chief (below) explained: “You buy your share of the wind farm or solar park, and then your supplier, instead of buying electricity from the market, buys electricity from your wind farm at its low operating cost. Then they pass the savings on to you.
“So our first wind farm, that's [Graig Fatha in south Wales], members saved on average about £340 last year. In the second operating year, they're set to save nearly £970 off their electricity bill.
“That’s because prices were really, really high, but the cost of generating electricity from the wind farm doesn't really change. So they just get more savings applied to their electricity bills when the prices are high.
“The net effect is to lower and stabilise their electricity bills for the 25-year lifetime of a wind farm, or 40-year lifetime of a solar park.”
READ MORE: Major Scottish battery factory goes bust in blow to UK's net-zero industry
Without giving much away, Merrick said Ripple has “very big ambitions” and is looking to expand beyond the four sites it currently runs, including Kirk Hill.
Places both within and outwith Scotland are on the table, as well as a potential expansion to countries outside the UK.
“If every single solar park and every single wind farm in the UK was owned by consumers with Ripple's model, all the grid charges still get paid. All the taxes still get paid,” she said.
“It's a really scalable way of doing things. You can scale it up to cover the whole market. We're not saying that will happen, but if you did, there wouldn't be a kind of big black hole in the energy levy.”
You can learn more about Ripple’s co-op approach to renewable ownership on the firm’s website.
Why are you making commenting on The National only available to subscribers?
We know there are thousands of National readers who want to debate, argue and go back and forth in the comments section of our stories. We’ve got the most informed readers in Scotland, asking each other the big questions about the future of our country.
Unfortunately, though, these important debates are being spoiled by a vocal minority of trolls who aren’t really interested in the issues, try to derail the conversations, register under fake names, and post vile abuse.
So that’s why we’ve decided to make the ability to comment only available to our paying subscribers. That way, all the trolls who post abuse on our website will have to pay if they want to join the debate – and risk a permanent ban from the account that they subscribe with.
The conversation will go back to what it should be about – people who care passionately about the issues, but disagree constructively on what we should do about them. Let’s get that debate started!
Callum Baird, Editor of The National
Comments: Our rules
We want our comments to be a lively and valuable part of our community - a place where readers can debate and engage with the most important local issues. The ability to comment on our stories is a privilege, not a right, however, and that privilege may be withdrawn if it is abused or misused.
Please report any comments that break our rules.
Read the rules hereLast Updated:
Report this comment Cancel