Project Background
The project objectives:
- Support the cost-effective production of local renewable energy through the construction of a wind turbine,
- Help reduce the community’s reliance on fossil fuels and reduce carbon emissions,
- Give local residents the opportunity to share in the environmental and social rewards of the Project,
- Generate an income to pay the running and maintenance costs for the wind turbine,
- Pay Members a fair return on their investment shares and
- Provide surplus monies for a Community Fund to support projects that reduce carbon emissions and contribute towards a more sustainable future for the Holme Valley community
HoTT hopes that the Wind Turbine Project will inspire other individuals, organisations and businesses to work with HoTT and deliver a diverse range of renewable energy generation and energy saving projects in the Holme Valley area.
The project
The existing turbine was installed by Longley Farm in 1986 to provide green electricity for their dairy products business and is thought to have been one of the first commercial wind turbines in the UK. Having reached the end of its working life, having had a number of refurbishments over the years. Jim Dickinson offered the opportunity for HoTT to partner with Longley Farm and replace the existing turbine with a new community owned venture. The new turbine will continue to supply green energy to the Longley Farm dairy business, but in addition, revenues from the Project will provide a return to Members and a Community Fund for green projects in the Holme Valley area. Longley Farm’s commitment to the Project in the early stages, prior to planning, is almost unique in community projects of this nature and has allowed HoTT to substantially reduce the development risks, to the benefit of the local community and our potential Members.
The technical design and financial analysis has been undertaken by the HoTT Energy Group and advisers, profiles of whom are included in this document. The new wind turbine will have a design life of 20 years and supply around 20% of the total electricity requirements of the Longley Farm dairy products business, saving about 287 tonnes of CO2 emissions per year.
Project company
HoTT have established a social enterprise company, HoTTWind@Longley, to run and operate the wind turbine for the benefit of the local community. It was incorporated and registered with the FCA as a Community Benefit Society (Registration number 7017) on 6th October 2014. Its registered office is 77 Totties, Scholes, Holmfirth HD9 1UJ, West Yorkshire, UK. A Community Benefit Society is a legal entity. It is owned by its members and operated for the benefit of the community.
Members elect Directors to the Board for the management of the Society. Each Member has one vote in a Members meeting, regardless of number of shares held. Annual General Meetings (AGM) are held for Members to hold the Board to account and to hear about the progress and performance of the Society. Members are protected by limited liability and are only obliged to contribute the initial cost of their shares.Community Benefit Societies are governed by rules which are approved and registered with the FCA. The Rules for the HoTTWind@Longley Community Benefit Society (CBS) are available on this website in the ‘Resources’ section.
Project partners and advisors – rollover to read full details on our partners and advisors