RENEWABLE ENERGY NEWS – CLEANTECH NEWS – ENVIRONMENTAL TECHNOLOGY NEWS ESSENTIAL INTELLIGENCE FOR INVESTORS, INNOVATORS & DEAL-MAKERS
9 June 2010
Good Energy, a 100 per cent renewable UK electricity supplier, has launched a new core domestic electricity supply tariff that has been certified under the UK’s new Green Energy Supply Certification Scheme.
The new tariff replaces Good Energy’s original core tariff, meaning that all the electricity it supplies now meets the standards set under the UK scheme.
Good Energy said it has operated its own feed-in-tariff for over six years, Good Energy HomeGen.
The UK’s green energy certification scheme has two main guiding principles to ensure that every unit of green electricity a customer buys is properly certified.
The electricity supplied is required to be 100 per cent renewable and backed by the appropriate Renewable Energy Guarantee of Origin and Levy Exemption Certificates, to ensure there is no double counting of electricity sold.
The scheme also requires that companies must mitigate an additional 50kg of carbon dioxide annually for each supply tariff.
Under the scheme, Good Energy must therefore mitigate 1,600 tonnes of carbon dioxide per year in addition to providing 100 per cent renewable electricity.
Good Energy said it will achieve this additionality by supporting the development of the UK’s renewable heat market.
The company said that it intends to invest in community renewable heat schemes and set up an independent trust to manage these investments, further investing in other renewable heat projects. It is also looking at investing in UK biomass boiler projects.
Good Energy’s CEO Juliet Davenport said, ‘Good Energy has been campaigning for greater transparency for green tariffs for many years – we think the additional consumer confidence the scheme brings will really help grow the market for renewables in the UK.
‘We are very pleased that we’re now able to transfer all our domestic and small-business customers to our new certified tariff, without any increase in price.’
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