The residents of one English village decided to put their own money into such a scheme to cut their bills, liberate themselves from the big power companies – and generate a decent 8pc return on their investment.
Their action came as millions of British households feel the chill this winter after being hit with above-inflation rises in their energy bills.
Sunday, December 1, 2013
Desperate villagers turn to wind to cut energy bills - Telegraph
This reflects the romantic notion of some here that by maintaining the city's own electric utility, we the citizens can be more "green" with our sources that generate electricity. And, even with wind-based power, there are still environmental concerns to consider, as we saw with the wind farm project proposed in Palm Beach County recently. Click title for link to article about a village in Great Britain that has invested in its own wind turbine to better control rates. But, according to Commissioner McVoy, our residents want lower bills, not necessarily lower rates. How that actually works, well, we are still waiting to find out. From the article: