The launch of GB Energy is a significant step, but let's not forget that Ripple has consistently demonstrated the power of people-owned renewable energy. Our commitment to community-driven solutions remains unwavering as we work towards a sustainable future, alongside the new government.
Sarah Merrick, Founder and CEO of Ripple Energy, said:
āA new era is emerging for the energy sector, with enhanced focus and meaningful action on making clean power affordable and accessible to everyone. This has always been at the heart of Rippleās mission, and the introduction of GB Energy presents new opportunities for investment and infrastructure to realise this shared vision.
āThe Local Power Plan will be central to its success, promising to support the development of community energy. However, if the ambitious target of clean power in the UK by 2030 is to be achieved, we need a community energy solution that can be delivered at scale and is fit for the digital age, as well as an end to the financial penalties such as unfair energy levies and tax on bill savings community energy can face.Ā
āRipple Energy has already shown what is possible through the power of cooperatives. More than 16,000 members of the public have already come together to co-own their very own wind farms and solar park in Britain, collectively saving more than Ā£1.2m on their electricity bills.Ā
āItās clear cooperative owned energy has the potential to accelerate our transition to clean power, and we look forward to working alongside GB Energy to unlock this. Together, we can create an energy landscape that ensures sustainability and affordability for generations to come.ā