Project OWLET – Cyd Ynni – Ynni Lleol
How does it work?
At the moment there are wonderful hydro projects in the Ogwen valley but they are selling all the power at less than 5p/kWh and residents are buying it back at twice the price. Ogwen is not getting the true benefit of the local generation. With Energy Local, we want to try a new system. Participants will form a Energy Club, Cyd Ynni – Ynni Lleol. Working with Cooperative Energy, each participant will get a free smart meter to show when they are using power as well as how much. This means they can show that they were using power when the hydro was operating; Cyd Ynni – Ynni Lleol will agree how much residents will pay for this power – 7p/kWh – so the hydro gets more income and participants get lower bills. Cooperative Energy just sells participants the power not generated locally. They will charge different prices at different times of day – more expensive at tea time but cheaper at lunch time and during the night.
Bydd unrhyw ddata a ddarperir gennych yn cael ei gadw a’I reoli yn unol â gofynion cyfreithiol perthnasol. Bydd yn cael ei rannu â phartneriaid sy’n ymwneud â’r peilot at ddibenion cynnal y peilot ond ni fydd yn cael ei basio i unrhyw drydydd partïon at unrhyw bwrpas arall.
Data provided by you will be held and managed in accordance with relevant legal requirements. It may be shared among the partners involved in the trial for the purposes of the trial but will not be passed on to other third parties or used for any other purpose.