No, you do not. You will purchase an ownership to cooperative’s all wind power plants / production capacity. In Salpatuuli’s projects you will fund certain wind turbines but your electricity and your profits come from the entire production. In this way decreases the risk that your wind turbine would produce less power at some time.
Since Loiste is Salpatuuli’s partner and responsible for billing of electricity, as well as taking care of cooperative’s electricity balance.
When you are doing your electricity contract please tell Loiste that you are a member of Salpatuuli and how many wind shares you have. Loiste and Salpatuuli will then communicate with each other on the issues involved.
No it cannot. Transfer prices in a region are the same no matter wherefrom you're buying your electricity from. Transfer prices are determined by your local grid company.
Yes they can. In case of minors buying shares please contact the cooperative first.
Obligatory participation share is called wind share and it entitles you to purchase 500 kWh of electricity a year at producer price. So if you have 10 shares then you can buy 5000 kWh.
Voluntary participation share is called profit share and it entitles you to get interest for your share capital from the cooperative’s result. A profit share does not entitle you to buy electricity.
No. You can live anywhere you wish. However, electricity is only delivered to addresses located in Finland. Your residence does not affect the ownership of shares.
Yes they can. For each destination you can get shares according to the annual consumption in that address.
The price of share electricity is 2.5 cents / kWh. Added to that are the electricity tax and value added tax so the total (taxed) price is 5.17 cents / kWh. It should be taken into account that the price of share electricity depends on the cost of production and may change in one direction or another. Our estimates say that the share electricity’s probable price is between 2.15 and 2.85 c / kWh.
In summer or autumn 2014.
Check it from your electricity bill.
This is a cooperative, so it is possible to resign. In this case share payments will be paid back according to the statutes of the coop and the Co-operative Act. See statutes for further information on time periods.
You can sell shares. If consumption increases, you can buy shares from other members or the cooperative. On cooperative’s website there is a market place for buying and selling, and instructions for making trades.
Yes you can sell. Do it in written form and inform the cooperative. On cooperative website is the market place for buying and selling, and instructions for making trades.
Yes you can. Do it in written form and inform the cooperative.
No you cannot donate your membership. Only shares can be donated. Person getting the donated shares needs to apply for membership from the cooperative.
You can sell the extra units or change them to profit shares.
Cooperative's Board of Directors has decided that the members have the right to change wind shares into profit shares and the other way around once every three years. To change applies an administrative fee.
Change your address at the cooperative’s member site or inform the cooperative in written. Inform also the electricity company. If you move in Finland, the share electricity will follow you to the new address.
This has been calculated to be the likely level.
They are transferred to your heirs. The heirs have the right to use the deceased’s voice together in the cooperation unless one or some of them has before the end of the time period become owner of the shares. After one year the heirs have to choose who uses the voice in cooperative.
Shares cannot be divided into smaller parts. One share is always intact and worth of 500 kWh, not 250 kWh + 250 kWh. In case of inheritance or divorce shares can be given to different persons. For example 10 shares can be given to two persons so that each gets for example 5 shares.
Wind stops or the price of electricity drops to near zero. In addition government or tax authorities may make decisions that affect our operations.
The power plant is terminated or renewed. The cooperative intends to invest in wind power plants so that the member's share value is retained.
Investments in new power plants can make share price to rise. In this case, however, the share price is 250 euros and in addition the cooperative will charge a refundable joining fee according to Cooperative Act.
The shares value on the cooperative's balance sheet at maximum thou 250 euros. In the balance sheet value of the share can also be higher or lower than 250 euros.
Nothing. All production and maintenance are handled by Salpatuulienergia.
This is fine. Ask your bank to contact Salpatuuli.