Decided against it as the fees were way to high to justify.... Requested to cancel my account. Be aware though, your deposit is actually non-refundable if you cancel - they say after 14 days from sign... Voir plus
L'entreprise a répondu
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Lisez les avis des autres
Ripple's website information made it easy to invest in their wind farm. It's a type of investment I've been looking for, for a long time now. Much easier than getting solar panels. I'm looking for... Voir plus
L'entreprise a répondu
Investing in Ripple to generate clean, cheap, home-grown electricity has been a joy from start to finish. A quick and simple process, with great communication from the team throughout. We're at a re... Voir plus
I’ve bought into two Ripple projects to “hedge” any future increases in cost. The first is around 6 months late and delays poorly communicated (I found out from a BBC article reposted on Facebook... Voir plus
L'entreprise a répondu
À propos de l'entreprise
Écrit par l'entreprise
Own a share of a wind farm to power your home or business with your own source of low cost green electricity
Coordonnées de contact
The Frames, 1 Phipp Street, EC2A 4PS, London, Royaume-Uni
- info@rippleenergy.com
- www.rippleenergy.com
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One way to go "green", terrible investment
A good way to go green, but definitely not a good investment. Why? Because even though the return is about 6-8%, you don't get your original investment back. So really it's terrible. Just a bit of a gimmicky money spinner for the founders most likely. They gotta put food on the table somehow I suppose.
Response: Thank you. I appreciate your perspective. What I'm saying is that it's far more effective for the customer to put aside that X amount that they'd spend on Ripple into an actual investment vehicle, and spend the return on green energy from an existing supplier. It might even be greener as setting up a new wind/solar farm is not a carbon-neutral endeavour.
Update to response: If it's not an investment, then what is it? A hobby? Put a sock in it bro. Folks would be better investing in a company that actually makes a difference and then using those proceeds to live greener. As it is, Ripple is not a good deployment of capital.
1 mai 2023
Avis spontané
Réponse de Ripple Energy
Hi Riaz, please remember Ripple is NOT an investment vehicle. It's about owning your own source of stable priced green power. Sorry to hear that's not for you - but for our thousands of members, that's precisely what they love about us. Our current members are saving an average of £977 this year on their electricity bills so they certainly would attest to the fact that Ripple really works. Your savings are determined by what is happening to the market price of electricity. If that market price rises, you savings rise too. If it falls, you still make a saving, but it is less. No one can accurately predict what will happen to the price of electricity over the next few decades so we responsibly err on the side of caution with our estimates. In terms of what Ripple makes, we take a small % in arrangement fees on each share purchase, and an on-going fee which works out at less than £5 per member per year, so not quite as you suggest in your review.
Hi there I am interested in joining…
Hi there I am interested in joining ripple. But I am concerned about how long it takes for the projects to get connected to the grid. There has been Many debates at government level about the backlog of connections to the grid.
Do you foresee this becoming an issue with ripple?
Also what is the average time it takes once construction is complete till connection to the grid.
Thankyou in advance for the response.
25 juin 2023
Avis spontané
Réponse de Ripple Energy
Hi Ronald, thanks for your interest in Ripple. It's frustrating to see so many of the UK's green energy projects delayed due to grid connections. The great thing about a Ripple managed project is that we work with projects that have signed grid connection agreements so members go into the project with a good idea of timings. Every project is different, however the speed of the build and the associated grid connection timing is all laid out for members to consider before they join. For example our latest project, our first solar park at Derril has an expected date of connection is summer 2024. You can see the full timeline laid out on this page of our website: https://rippleenergy.com/our-projects/derril-water-solar-park
Owner of all 3 projects so far
Happy to report that I'm still very happy with Ripple. I am a co-owner of Graig Fatha, the UKs first cooperative wind farm - myself and 905 other people receive bill credits every month for what our share of the turbine generates. I only purchased a small amount of the wind turbine (equivalent to around 25% of my usage at the time), but have been very happy with what I've received back. But for me the project is more about putting money directly into green energy, which is something I'm passionate about. Nothing like putting your money where your mouth is.
I was so impressed with the first wind turbine that i invested a much larger amount in the second project (Kirk Hill). Although this won't be operational until late this/early next year, the team do a great project of keeping owners up to date with build progress and after seeing how well Graig Fatha has gone so far, I'm looking forward to it!
I've also invested a small amount in Derrill Hill, the UK's first shared solar project, and am looking to see how that progresses too.
So far I am really loving everything that Ripple does, and everything they stand for. And I couldn't recommend them enough.
22 mai 2023
Avis spontané
Réponse de Ripple Energy
Thank so much for this wonderful review. Everything we do is for our members, so it is great to hear we have happy members
This is a scam
This is a scam. They promise 25% off your electricity bills, but it's actually about 3% in exchange for your £3,000 investment!
27 avril 2023
Avis spontané
Réponse de Ripple Energy
On the contrary! We’ve got real members saving hundreds of pounds off their bills. All the 5 star reviews on here are from real members. All the one star reviews are from non-members. Our real members know! Based on your desire to reflect an up front cost of £3,000, (which is more than most customers decide to buy), our on line calculator estimates you’ll save £6,816 over the lifetime of our next project. If you need any further help, you can see the figures here https://rippleenergy.com/how-it-works
Genuinely positive.
Moaners obviously do not do their homework. It is an investment in green energy for the future not a get rich quick scheme. Having had solar on my house for years my move to an apartment block meant I could not repeat the exercise so Ripple has allowed me to enter the solar power field again.
27 avril 2023
Avis spontané
Réponse de Ripple Energy
Thanks John. Luckily we’ve got real members like you to help show others there’s a new way to own your own source of green energy. Thanks for leading the way
Minimal Savings
At first glance, this looks like a great investment. But when you read the fine print you only get a small discount off your bill, 6.1p is what they're quoting in their current project. So say I invest 4k or whatever to generate "100%" of my electricity from this investment, it gets me a whooping 6p a kwh off the 34p or so that I'm currently paying... I understand why, and this may still be a decent investment, but I think they need to clarify that you're still paying a lot for this electricity you invested to generate to get to your home.
26 avril 2023
Avis spontané
Réponse de Ripple Energy
£4,000 up front cost gets you an estimated £8,995 saving over the lifetime if the project. You can see the figures here https://rippleenergy.com/how-it-works . we explain your electricity is not free but it should be a lot cheaper. We have a number of great videos on our website to make the savings clear. This one should help: https://youtu.be/Zh0XHO_2nXM
Terrible investment
I paid £25 reservation fee couple of months ago but I've just realised this is a very bad investment as the online calculator has shown me, I will make £200 profit on potential £7,000 investment in so many years. The price of general energy will go down in the future and this might even level up or cost more.
It's unfortunate I can't get my reservation fee back. Not interested in this project or your future projects.
24 février 2023
Avis spontané
Réponse de Ripple Energy
Sorry to hear you won't be joining our members Dan. Using our live on line calculator on your desire to purchase £7,000 of the next project (which is quite a bit higher than the average Ripple member buys), we're showing an estimated saving of £15,671. You can find that calculator here:
https://rippleenergy.com/how-it-works . If you would like some more help understanding your savings estimate you can reach out to us. It is worth noting that we are not an investment vehicle. We're about enabling people to own their own source of clean power. So if it's purely about a fast financial investment, we're not for you. But we do wish you all the best on finding green investments that work better for your needs.
Take a deposit
Take a deposit , when scheme is announced they then tell you it will be 2 years or more before any electricity will be produced , it is not a viable investment . Then will not refund the deposit ,after an exchange of a few emails they eventually refunded my money
22 avril 2023
Avis spontané
Réponse de Ripple Energy
Hi John, there is no deposit for Ripple projects. There is a reservation fee of £25 to secure your place in our next project. It acts as a credit on your Ripple account, so it gets deducted from your final purchase cost, rather than remain with Ripple. You can also choose not to reserve and therefore not have to pay out any up front cost before viewing our share offer. There is also a 14 day cooling off period where that £25 can be returned to you. If you do not wish to join us, we'll roll your reservation on to our next project. We've stated our next project will begin the pre-construction phase after the share offer closes and will be connected to the grid next year, a little over a year away. Sorry to hear you won't be joining thousands of happy members in our next project. We wish you all the best on your green energy journey.
True or a blag.
I have just come on here to look at the feedback. It's interesting how most of the people who have commented and provided positive feedback have done so on multiple occasions, this looks like people have been paid to provide feedback. Not very honest! Why would people comment on the same subject more than once?
24 avril 2023
Avis spontané
Réponse de Ripple Energy
Hi Rich, we do not pay anyone to leave a review. We also never take down a poor review. You can see that transparency from the evidence on this page. Trust Pilot themselves can help you understand the protection we have in place aganist fake reviews. We have amazing members leaving us great reviews. Simple. Our members love what we do, helping them power their home sustainably, take direct action on climate change and stablise their electricity bills. If we are not for you, we wish you all the very best - but we're thrilled so many of our happy members feel proud enough to leave us a great review.
Just watched the Webinar for round 3…
Just watched the Webinar for round 3 and the solar farm. Registered back in November and webinar just confirmed what a brilliant idea this is. It's not just about making money. That's not why I have now bought shares. Its about stable green electricity and doing something positive to guarantee clean renewable power for the future and to lower my personal carbon footprint for future generations.
19 avril 2023
Avis spontané
Réponse de Ripple Energy
We're so proud to read this review. Thanks for taking the time to write it.
Paid £25 for a reservation
Paid £25 for a reservation. Still waiting to hear what the hype is all about. Everything so far is very vague and all the numbers for generation appear to be wet finger in the wind estimates. I don’t think I have enough confidence in this to proceed. Have asked for my reservation fee back but as it is past the 14 day period, they don’t want to know. If they can’t act in good faith with £25 now, how can I trust them with £5k. If I am not going to invest now, I certainly won’t be in the next 5 years.
12 avril 2023
Avis spontané
Réponse de Ripple Energy
Sorry to hear you won't be joining us for our next project. These are incredibly complex projects which therefore means it can take time to bring them to market. When choosing a new project, we consider a whole host of factors, such as scale, details of the planning consent, infrastructure requirements, financial viability, grid availability and the developer's objectives. Therefore it can take time for us to find and agree the projects that are in the best interest of our members. Our first project Graig Fatha was one of only 3 wind farms to get switch on in England and Wales in the whole of 2022 which we believe shows how challenging it is to deliver, but also how our team works hard to deliver on behalf of our members. 6,000 people own one of our first two projects, with those owning our first project saving on average over £900 this year on their electricity bills. We'll announce more details this month on our third project and we're really proud that over 20,000 people have reserved their spot.
Half of a century ,,,
Give £2000 to assume that you "might" start getting your return after 2025 (like there are no delays in all constructions, let alone other factors affecting the completion of a project like this,,,financial etc) THEN get the return of your money in 15 years !!! Completion of the project in 40 Years,,,if you are now in your 50s good luck in your 100 yo birthday present !
10 mars 2023
Avis spontané
Réponse de Ripple Energy
Hi, our members get savings on their electricity bills every month for the lifetime of their project. For a wind farm that's likely to be every month for 25 years and for our solar parks that'll be every month for 40 years. Your savings are determined by the difference between the wholesale cost of electricity (which is currently high and volatile) and the operating cost of the project (which is low at around 2p/kWh, and very stable). How quickly your initial up front cost pays back depends on what is happening with electricity prices. If the wholesale price of electricity is high (like it is right now), your savings are high too and your payback is shorter. If the wholesale price comes down, you'll still make savings, but they'll be lower and therefore your payback will be longer. We are not an investment vehicle. We are about enabling people to own their own source of green energy to power their home and stabilise their bills over the long term. As an example, members of our first wind farm are saving on average £977 this year on their electricity bills and their predicted payback period is therefore considerably lower than 15 years. In our on line information we are incredible cautious around payback. It would not be responsible for us to promise quick payback for all future projects, so that's why we err on the side of caution and provide a range of scenarios in the on line quotes to allow members to make an informed decision.
Briliant idea
I am just signing up for the 3rd project. I live in a very modern and efficient house, and will shortly have a large bank of solar panels with batteries fitted. However, I was looking for options for wind power for the winter months. A home turbine isn't a feasible option, so this will give me the same effect, but as part of a cooperative, rather than as an individual. Brilliant idea.
9 décembre 2022
Avis spontané
A great Idea
This is a great idea and we are keen to invest in your next wind farm.
Our solar panels produce about 75% of the electricity we use, which means that we only pay for our net grid use, about 2300 units.
We would ideally like to invest enough to cover the winter deficit, when our solar panels are not generating much but our heat pump is using a lot.That would be 5000 units.
My question is, would we be able to invest that much, while still remaining on an Octopus tariff that means we only pay for our net grid usage of 2300 units?
5 décembre 2022
Avis spontané
Réponse de Ripple Energy
Hi Frances,
Thanks for the 5* review.
It's great to hear that you are interested in shares within a Ripple project.
If you go onto our website and contact our customer service team via live chat or by submitting an email request form with your details, they will be able to provide further assistance.
Many Thanks,
Louis
Team Ripple
Not so much a review than questions
Not so much a review than questions, I have my home n a quite large n very old listed building that has hmo status so I pay the energy costs, if I invested more than most investors could get cheaper e bill on both propertys, definaty will be investing , what's my next move, thanks in advance kind regards Keith Spalding
22 novembre 2022
Avis spontané
Réponse de Ripple Energy
Hi Keith, thanks for getting in touch. HMO is no problem as long as you the named electricity bills holder for a property and are responsible for the electricity supply contract. If you own 2 properties and want both to benefit, each property would need to have a separate Ripple account. This is because ownership shares can only be linked to one single address. So you just need to set up 2 separate Ripple accounts. Hope that makes sense
The best (ok - only) wind farm we have ever invested in!
Ripple have so far kept us informed as well as we would expect for any A+ rated Project Manager.
4 out of 8 towers already manufactured and in storage - the rest of the civil and site prep packages under way.
So far so good
5 septembre 2022
Réponse de Ripple Energy
Thanks for the review David. Hope you are enjoying the photos and videos of your build. We'll keep you updated every step of the way
Great communication
Ripple have great communication with the backers of their projects, very happy and would strongly recommend to everyone
1 septembre 2022
Réponse de Ripple Energy
Thanks Tom, great to have you with us
Kirk Hill
Hi , I have invested in Kirk Hill and am really looking forward to 2023 when it goes live - i am however concerned about the need to change to a new supplier to get the benefits - i am currently with Bulb energy and although there are similarities with Octopus my tariffs are better than what is currently available through Octopus - so the question is - do you have any plans to include Bulb energy in your recognised suppliers as they are also 100% renewable users
15 août 2022
Avis spontané
Réponse de Ripple Energy
Hi John, as it now looks to be the case that Bulb customers will become Octopus customers, there would be nothing you would need to do. As a general principle though, if a member is currently with a supplier who is not one of our chosen partners, we will help them manage that. There is nothing a customer would need to do right now. It wont stop them signing up to Ripple today. After their wind farm has been built and is ready to be switched on we would contact all those customers who need to switch, present all our supply partners and all their tariffs to the members in a fair an unbiased way. Members would then be able to select one they would like to move to, so the member has full and complete control. We will manage the full switch for them. You can view a list of our current supply partners here (with more to be announced next year) https://rippleenergy.com/suppliers
A great idea made simple
When I first heard of what Ripple Energy are doing, I knew I wanted to be part of that.
Like many people, I live in an older property that poses challenges when it come to renewable energy. While solar panels may be a possibility for me, they wouldn't be optimal (wrong orientation, roofing material and shape).
With Ripple Energy, none of that matters and they make the process so easy.
10 août 2022
Réponse de Ripple Energy
Thanks for the excellent review Joanne! Thanks for becoming part of our fantastic community of members. We're proud to make co-operative clean energy ownership accessible.
Can’t tell you much at the moment
Can’t tell you much at the moment, but so far OK. Thanks.
6 juillet 2022
Réponse de Ripple Energy
Thanks for leaving a review. We're looking forward to progressing with the Kirk Hill project so members can start reaping the benefits. The groundworks are going well and we're looking forward to sharing more exciting updates soon on the progress of the Kirk Hill wind farm. We'd be very grateful for you taking the time to review your rating once the wind farm is operational.
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