RI
Ripple Energy
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Watch out for the tax!
I think the prospectus needs to be clearer on tax. If you're a higher rate tax payer for example, you don't have any "trading benefit" (actually personal allowance for interest) meaning that the trading portion of the reduction of your bills (ie the portion that's not the 5% capital repayment) would be taxable at 45%. That radically changes the payback periods, and renders the graph on the final pages of the prospectus inaccurate. The tax position isn't clearly explained in the prospectus and it's not really covered at all until the last paragraph of the last page. Yes there might nevertheless be ESG aspects to investing but it ceases to be viable from a financial perspective.