John Glenn

John Glenn

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1
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5.0
5 out of 5 stars
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Reviews by John Glenn

RI

Ripple Energy

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5 out of 5 stars

Chance to reduce your Carbon footprint and save money

I discovered Ripple on a Facebook Group for customers of Octopus Energy. They offer the opportunity to buy shares in windfarms. After chatting online to Sarah of Ripple I decided to invest. My investment is not huge, about £1700 and in fact the amount you can invest is limited depending on your estimated usage. The chief benefit is that investors are helping to reduce carbon emissions but there is also an economic benefit: Your share of the electricity generated is sold to the Grid and the proceeds are credited to your energy account with participating suppliers. It is a bit speculative but your investment will reduce your bills for the next 25 years and if electricity prices continue to rise the savings will be significant. I found Ripple to be very transparent and open about the project but before investing I would advise that you read all the documentation and talk to the Ripple team to make sure the investment is right for you. The first windfarm is due to come online at the end of 2021 and I have already reserved shares in the next one.