I have a chartered LLC with a set of bylaws, but I am currently what we called in Texas "land poor". In typical Texas' style, it means the opposite of what it seems to say. IOW I have too much land, which means less money. If I had sold one particular property this year, I would be starting to implement my land LLC this month. But I didn't, so I'm not.
I am interested in this project and can invest, but I agree with Chris that the approach is a key matter, both in terms of organization and of equity. However, I would like to hear from Chris how energy-units can be the 'currency' for those of us who are not in the service area of the turbine?
Here are a few other suggestions and questions:
Such units would be more likely to be accepted as currency in the area where you can redeem them. They would always have a value equivalent to the local market price of electricity, since if the price falls much below that locals would have an interest in buying them for use against their own consumption.
Acceptability outside the area would require a clearing system, and currently this depends on the reach of the local utility who would accept them for redemption, and thereby would act as billing partner, for a fee.
I see the current transaction-based electricity model changing to a service provider model, by the way. The present model is entirely dysfunctional.
I've been asked twice now by the Iranian National Grid to help them set up an electricity market on the UK, US, Nordpool model with trading intermediaries. these markets are not IMHO fit for purpose and are detrimental to the interest of consumers, not to mention the environment.
I told the Iranians that this may be what they want, but it's not IMHO what they need, and to find another consultant who will take their money - not that easy for Iran....!
I digress.
I guess there could well be a market on a town's website, where people could post them for sale.
