We understand the sharp rise in electricity prices is very concerning. From 1st Nov. the cost of importing power will increase by 170% – 2.7 times the price we currently pay. FWP and NFD are working together to do what we can to limit the effects on consumers at the Park, but large price rises may be unavoidable.
The Energy Price Cap
The domestic energy price cap applies only to domestic supplies by licensed electricity suppliers. The Park Ecovillage has a single non-domestic supply to Findhorn Wind Park Ltd and so, unfortunately, the energy price cap does not apply.
New Findhorn Directions Ltd is the supplier to consumers at the Park. See the Customer Information page for further information. Neither NFD or FWP are suppliers licensed by Ofgem, the industry regulator that sets the energy price cap.
Support from Findhorn Wind Park
Licensed suppliers will be compensated for their costs in complying with the Ofgem energy price cap. Although the energy price cap is not binding on FWP, we will use some of our profits to reduce electricity prices at the Park in the coming year. It is our intention to supply NFD at a price matching or below the price cap, however we regret that we cannot guarantee this.
As all our income is earned through the generation of electricity, it is essential that the wind turbines are maintained in operational condition. FWP committed to a turbine refurbishment programme at the start of 2022. This limits the profits we will make in the next few years, but will ensure the turbines run for many more years. Continuing to generate electricity at the Park will make more protection from the market electricity price possible in the long term.
Energy Bills Support Scheme Discount
The Energy Bills Support Scheme provides a £400 non-repayable discount to eligible households to help with their energy bills over winter 2022 to 2023. ‘Park homes’ in general are not eligible, however the government has said:
If you live in a park home, houseboat or off the grid
The government has confirmed that further funding will be available to provide equivalent support of £400 for energy bills for the 1% of households who are not eligible for the discount.
This includes households without a domestic electricity meter and a direct relationship with an electricity supplier, for example if you live in a park home, houseboat or you live off the grid.
As NFD supply consumers at the Park and hold accounts for individual households, it is expected that NFD will be responsible for making these payments. However, as yet the “further funding” referred to by the government has not been made available.
Government Support for Business Consumers
Support for business consumers was announced on 21st September for six months from 1st October. We are hopeful that FWP will be eligible for a discount on our grid imports from 1st November, when we will have to pay much more for imported electricity. We will pass on any discount received to Park consumers via NFD. As yet we do not know what this discount will be.
Government Announcements and U-turns
We apologise for not having clear information available. Information from the government has been slow to arrive (in part exacerbated by the complications that arise because the of the electricity supply arrangements for the Park Ecovillage) and has recently been reversed very quickly. We will do our best to keep you informed.
For further information please see:
Our Customer Information page
Our Turbine & Performance page