ECONOMIC BENEFITS
Renewable energy projects like Wryde Croft are becoming increasingly important for the regional economy. Overall, we estimate that Wryde Croft Wind Farm will deliver around £15 million in community and economic benefits over its lifetime. These include:
- £5 million plus, injected into the local economy during the construction phase by using local contractors and facilities like accommodation
- £6.5 million added to the local economy via business rates, which will be fully retained by the local authority and reinvested in local services
- £3.25 million in community benefits, delivered via a Community Fund and RES’ innovative Local Electricity Discount Scheme (LEDS).
More information about the community benefits can be found here.
Case studies about local job creation can be found here.