Jeremy Acklam

Jeremy Acklam

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4.0
4 out of 5 stars
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Reviews by Jeremy Acklam

RI

Ripple Energy

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4 out of 5 stars

A complex issue moderately-well explained

Ripple removes the principle cost of living consequences of the volatile and currently high wholesale market price of electricity from the cost of the electricity supplied to you, taking it down as far as the cost of generation at their windfarm plus distribution costs plus non-avoidable taxes, and the extent to which it reduces your costs from wholesale down towards generation cost depends mostly on your chosen level of investment in Ripple. Ripple has a quite complex way of explaining that, which does not quite explain it! But, it is genuine and the model works. Current government green energy plans indicate a 'possible' oversupply by the mid 2030s (if the plans are all delivered), at which point the savings from the Ripple scheme would disappear, but by then you may have got your money back plus some more.