£5k/MW is now £7k/MW with inflation

Why try and suggest £6k/MW now, when communities were getting £5k/MW in 2014?

If you mean the £6k/MW equivalent in 2014 that works out at nearer £8.5k/MW now which would be closer to what it should be, but still a long, long way off.

The net worth including all assets and potential earnings from any IPs of the renewables companies should be considered when coming up with new figures, alongside increases to our electricity costs, standing charges and let's face it; food price increases which can be directly attributed to the energy industry.

Compensation costs for home valuation losses should also be considered in this pricing.

 

Why the contribution is important

You are clearly stealing from Scottish residents, and it shall not be tolerated.

by whannel on March 24, 2026 at 06:40PM

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  • Posted by strategicrenewablegroup March 27, 2026 at 16:24

    The Strategic Renewables Group notes the rationale for setting the recommended benefits tarriff at an index linked £6,000 per MW/h of developed capacity, in particular that community benefits ‘now take up a larger proportion of a typical development’s profits than they did in 2014’, driven in part by the need for developments to deliver higher rates of returns. The increase in required rates of return would suggest that shareholders seek to retain a higher share of profits and have changed the balance between shareholder return (retained profit) and community wealth (community benefit). Building community wealth is a key priority for the Scottish Government.

    While inflationary pressures have undoubtedly increased the cost of development (aggregate CPI since 2014 is c40%), it is also true to say that domestic electricity rates have near doubled since 2014 (source: ONS). The Group believe it is fair to maintain the community benefit rate index linked since 2014 of £6,700 per MW/h to maintain the original balance of shareholder profit and community wealth.
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