am
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Post by am on Jul 6, 2015 11:11:10 GMT
I'm wondering why they need £100,000 to obtain all the necessary permissions. Does anyone know where all the money will go? (I had been considering the possibility of a potential smaller scale site as investment for myself, and had reckoned that planning costs had to come in at under £10,000 to make it economic.)
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Post by marek63 on Jul 6, 2015 13:59:58 GMT
Depends how big is your field. Anything from wildlife and nature impact assessments, visual impact assessments, community impact assessments, highways assessments for building traffic etc etc. Anything beyond a certain size has a huge number of permits/supporting documents required for planning, which all take time and energy. A chat with your local planning office will let you know what level of requirements are likely in your own case
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Post by Ton ⓉⓞⓃ on Jul 6, 2015 21:53:38 GMT
I'm wondering why they need £100,000 to obtain all the necessary permissions. Does anyone know where all the money will go? (I had been considering the possibility of a potential smaller scale site as investment for myself, and had reckoned that planning costs had to come in at under £10,000 to make it economic.) With the current proposal on AC about a solar farm for 100k, I think some of this has to be accumulated cost so far that the directors have taken on board personally, so this old cost will be transferred, effectively, to the new co. The majority must be new costs with perhaps 20%(?) unspent that will be paid back at refinance, I'm wondering if they will be able to draw the whole sum all at once or present bills to the AC trust for the money as needed. I assume they will not be paying the interest monthly out of the loan amount; but from their own income. One thing most of the WT's talk about is easements. An easement often needs to be agreed for you to use / access others land either to build/maintain the site OR for the power cables to be laid to a suitable point, sometimes cabinets or similar need to sited for meters & connection I think. I recommend reading some of the WT's documents for the sp. From memory some WT's have taken a year before they get to the build stage, if issues kick in even longer. If I were setting up a renewable power site I would have a long running survey to check the wind speed/sunlight at the location, rather than use estimates which have been as much as 30% out.
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