Configure fans for Cloud

Configuration
1

I got stung by the emulated_hue thing earlier this week. Set up Cloud which works okay except for no fan speed control. I realize I need to add a template to configuration.yaml. I have 4 fans 33%20PM

I found this template on the HA config pages

# Example configuration.yaml entry
fan:
  - platform: template
    fans:
      bedroom_fan:
        friendly_name: "Bedroom fan"
        value_template: "{{ states('input_boolean.state') }}"
        speed_template: "{{ states('input_select.speed') }}"
        oscillating_template: "{{ states('input_select.osc') }}"
        direction_template: "{{ states('input_select.direction') }}"
        turn_on:
          service: script.fan_on
        turn_off:
          service: script.fan_off
        set_speed:
          service: script.fan_speed
          data_template:
            speed: "{{ speed }}"
        set_oscillating:
          service: script.fan_oscillating
          data_template:
            oscillating: "{{ oscillating }}"
        set_direction:
          service: script.fan_direction
          data_template:
            direction: "{{ direction }}"
        speeds:
          - '1'
          - '2'
          - '3'

Am I correct in thinking that dropping this in configuration.yaml will get me going? Can I make 4 entries under fans:
or do I have to make 4 complete entries, 1 for each fan.

Am I missing anything? Not too good at templating.