Westmill Wind Member Benefits
With membership of Westmill Wind, you gain partial ownership in a community energy co-operative, knowing that your investment is supporting community benefit projects and action on climate change, and a portion of the co-operative’s revenue per year.
Democratic Control
As a co-operative, Westmill Wind is committed to a fair and equitable governance process. We work on a ‘one member, one vote’ basis which ensures that all members have an equal voice in the voting process, regardless of how many shares they hold. Only members of the co-operative are eligible to serve on the board, ensuring that board members will work in the best interest of the membership.
Find out more about our Board of Directors.
Member Training
Westmill Wind Farm Co-operative has consistently sought to educate and inform our members on the benefits of community renewable energy. As part of this, we have periodically offered opportunities for our members to attend different seminars and training courses. Most recently, all members were offered the chance to join a day-long online seminar ‘Zero Carbon Britain’. This course was organised in partnership with the Centre for Alternative Technology.
Community Benefit Fund
It has always been a guiding principle of Westmill Wind Farm Co-operative that its success depends on a thriving local community and since 2009, Westmill Wind contributes £7,500 each year to support the work done by our partner charity, WeSET.
Historically, Westmill Wind has also contributed to other community organisations on an ad hoc basis.
To learn more, please visit our Fund Community Projects page.
Environmental Benefits
As partial owners of Westmill Wind Farm, members know that their investment is actively reducing carbon emissions. Each year, the co-operative prevents around 1,750 tonnes of CO2 from entering the atmosphere. That is the equivalent of 417 petrol cars driving for a whole year .
To learn more, please visit our Generate Renewable Energy page.
Member Interest Payments
Each year at the Westmill Wind Annual General Meeting (AGM) the board of directors propose that a portion of the co-operative’s revenue be paid to members as an interest payment.
Historic Interest Payments:
- 29 p per share - 2019
- 66p per share - 2020
- 5p per share - 4/08/2021
- 5p per share - 21/07/22
- No payment in 2023
- 1p per share - 2024
Please note: no interest payment was made in 2023.
Trading Dividend
As pioneering co-operatives in the community renewable energy movement, Westmill Solar Co-operative and Westmill Wind Farm Co-operative have a long-term goal to enable members to buy the electricity that we collectively generate. The Trading Dividend is a step on this path.
What is the Trading Dividend?
The Trading Dividend is a payment, delivered via a credit on their energy bills, to members for purchasing the electricity we produce. Each year, our members who are also customers of Your Co-op Energy, received £50 off their electricity bills.
How to apply
To be eligible for the Trading Dividend, you must be a member of either Westmill Wind or Westmill Solar Co-operatives and also a Your Co-op Energy customer.
This page will be updated when the next round of sign-ups is open.
Additional information about the Trading Dividend, including how it works and who to contact for queries, can be found on our Trading Dividend page.