The latest set of accounts (year ended 31st March 2012) for Partnerships for Renewables makes interesting reading. They show a loss of £7,329,658 for 2012 and a loss of £6,661,809 for 2011 because in neither year was there any turnover. It seems safe to assume that PfR would not be happy with these kind of losses if they were not expecting to make large profits further down the line.
However a significant part of PfR’s expenditure goes on Staff costs and Directors’ remuneration:
The report states that “The average monthly number of employees for the year ended 31 March 2012 (including Executive Directors) was 31″ and the cost of wages and salaries, social security costs and pension costs was £2,384, 695. The staff costs included £171,096 in respect of the highest paid Director.
These hefty sums can be usefully compared to the amounts being offered to communities through the Community Benefit fund:approximately £12,500 pa for Thorington Barn according to PfR’s own website
The Government is providing huge subsidies for wind farm development and it is therefore the general public who will be forking out ever-increasing amounts of money for energy bills that are far higher than they need to be because of the obsession with green ideals and carbon emissions; but surely somebody at ministerial level should be questioning the additional burden of large salaries, particularly when the “benefits” for communities are so pathetically small.