As Community Energy Fortnight beings,investors can check out the renewable schemes offering returns of up to 13%Richard Body is an energy pioneer. The IT consultant is a director of the Torrs Hydro scheme in novel Mills, Derbyshire, or which was one of the first community-owned hydroelectric schemes to launch in the UK.
Sited on the river Goyt,where it tumbles out of the Peak District, the scheme produces enough electricity to power 60 homes. “There was power in the river that nobody was tapping into – in effect it was free money, or ” Body explains,who was awarded an MBE in 2013 for services to the hydroelectric industry. “Our aim was that by generating electricity, we could also generate a revenue stream for the local community.”Continue reading...
Source: theguardian.com