I am rather concerned having put a £25 deposit down on the basis of owning the share of a wind farm that it may be solar farm.
Unless I have misunderstood the savings passed on to investors are in proportion to the amount of electricity generated. I'd this right? If so is it on a monthly, daily, or real time basis?
There is a major difference in the generation profile of a solar farm compared to a wind farm that will concern anyone who is considering or already has a heat pump. That is that a wind farm produces slightly more electricity in winter on average, whereas with low sun, short days and more cloud cover a solar farm produces significantly less on winter, some sites suggesting that over the shortest day producing only 15% of what it produces on the longest. This leaves people with the prospect of having more cheap electricity than they use in summer and having to pay full price in winter. If the subsidy is calculated in real time from smart meters it is even worse for people who charge electric cars overnight, when a solar farm will be completely useless to them.
Please can you clarify how the subsidy is calculated and applied, and whether people will be able to get a deposit refund if a solar farm goes ahead and will be useless to them.