Community Benefits and Shared Ownership
The Applicant is committing to an overall benefits package of £5,000 per MW per annum of installed wind capacity, index-linked, in line with the Scottish Government’s recommended rate. This will be payable for the lifetime of the project, expected to be 30 years. This could amount to a total of £75,000 per year, or over £2.25 million for the lifetime of the project.
Community ownership
In addition to the Community Benefit Package, the Applicant is also exploring opportunities for the local community to invest in the Proposed Development, whereby the community would receive up to five percent of the project net profit after tax in return for their investment.
You can also find out more about community ownership by visiting www.localenergy.scot
The proposal will also benefit four neighbouring farms who have agreed to act collaboratively on this project. This collaboration will benefit the growth of the local economy and farming community.