Author Archives: Ed

Ofgem reducing tariff by 10% in October

Ofgem reducing tariff by 10% in October

Ofgem have unexpectedly made the shock announcement that the Feed in Tariff for wind is reducing by another 10% on October 1st 2014.

Last October they could have reduced the tariff, but didn’t, so the expectation (and hope) was that they wouldn’t exercise the right to reduce this October either.

Unfortunately, they have. This will undoubtably be catastrophic news for many sites that are only just now going into planning — or have yet to do so — because chances are that Ofgem will also reduce it by another 20% on April 1st next year too.

Here’s the current table which appeared this morning on Ofgem’s website…

FIT rates on 31st July 2014

As you can see in the chart above — the government are really starting to demonstrate their desire to bring the onshore wind sector to a swift end.

However, because Boythorpe Wind Energy specialise in refurbished turbines, we remain to be a profitable and highly-viable alternative for developers, farmers and land owners. Despite the tariff reductions, we’re able to continue offering 15% ground rent (wind turbine land lease deals), where many of our competitors only offer 10%.

Get in touch for more information about how we can help you get your site up and running, despite the reductions.

Used wind turbines receive full accreditation

Used wind turbines receive full accreditation

Ofgem accredited three of our refurbished Vestas V27 and V29 wind turbines a few weeks ago. We’re posting this fact as a blog post today, because it disproves the seemingly common belief that Ofgem won’t accredit second hand wind turbines – which is the common story being espoused on various farming forums, by self-appointed experts… Continue Reading

Feed in Tariff Drops 20%

Feed in Tariff Drops 20%

As expected, OFGEM yesterday reduced FIT payments for onshore wind turbine sites with total installed capacity greater than 100kW but not exceeding 500kW by 20%. The new reduced FIT tariff for the period from 1 April 2014 to 31 March 2015 is 14.82 pence. (Prior to this; from 1 December 2012 to 31 March 2014… Continue Reading

Too late for turbines on your farm?

Too late for turbines on your farm?

In a recent conversation a farmer told me that if OFGEM reduce the Feed in Tariff by the expected 20%, he doesn’t think wind turbines will be viable any more. He was right, and wrong! The viability of wind turbines after April 1st will depend on a number of key factors, including… Wind speed. Planning… Continue Reading

How much does my grid connection cost?

How much does my grid connection cost?

One of the biggest issues for many farmers and land owners is getting a connection to the National Grid – in particular finding out your grid connection cost. In many parts of the UK there’s no capacity even available, meaning that no matter how much wind a site has, installing a 225kw or 500kw turbine… Continue Reading

Feed in Tariff Reductions Imminent!

Feed in Tariff Reductions Imminent!

Farmers and landowners with planning permission for turbines need to act fast to secure current tariff rates OFGEM will be revising FIT payments (Feed in Tariff payments) on 1st April, and we’ve heard payments could be reduced by as much as 20%. If you have planning permission for one or more turbines — and don’t… Continue Reading

Are used wind turbines eligible for FITs?

Ofgem have today pre-accredited our Re-manufactured Vestas V29 Wind Turbine for the feed in tariff at our Boythorpe Wind Energy site – confirmed on their website and in a subsequent email. This of course answers the long-standing debate amongst farmers and land-owners and renewable energy consultants and experts… “Are used wind turbines eligible for FITs?”… Continue Reading

Why wind energy is not an option

Why wind energy is not an option

For anyone whose head has been buried in sand over the last 20 years or more, we’ve just posted a brand new article which states the case for why clean, renewable and sustainable wind energy is no longer an option to protect the Earth and it’s inhabitants. (Sounds a bit dramatic, but the fact’s make… Continue Reading

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