Unity Wind Limited was set up as an Industrial & Provident Society, a co-operative, to encourage renewable wind energy production in Norfolk. It grew out of the Energy Group of the North Norfolk Environment Forum. We are all local people, volunteers, wanting to do our best to combat global warming but also wanting to keep wind energy under the control of local people and wanting local people to gain from the profits. One of our directors works in the industry.
We are sure ‘community turbines’ are the right way to go. Individuals look more kindly on turbines if they know they are profiting from them and have some say in the scale of the scheme. It is generally better for the local community if profits stay in the area.
A community turbine is just like a commercial turbine in that professionals are employed to assess the site, install and manage the turbines. Also rent is paid to the landowner, just as in a commercial scheme and loans from banks are repaid at commercial rates. We would try to raise as much of the capital costs as possible from shares.