Posts Tagged ofgem

OFGEM Certified Green Energy Tariffs Unveiled

green energy tariff

OFGEM Green Energy Certificate

The energy regulator OFGEM has revealed the first tariffs that meet its requirements for green certification. These tariffs meet three main criteria laid out by an panel of independent experts:

1.    All the electricity use by customers signed up to the tariff must be matched by Renewable Energy bought or generated by the tariff’s Supplier.
2.    The Supplier must also contribute to a minimum level of additional environmental benefits for each customer
3.    The Supplier must sign up to the Green Energy Supply Certification Scheme and obey its rules on transparency (including reporting all its sources of electricity by type) and submitting its Green Supply Tariffs to an annual independent audit.

Nine tariffs have been given ‘green energy certification’…..

  1. better plan from SSE – Scottish Hydro’s green energy scheme, also available with  SWALEC & Southern Electric
  2. Zero Carbon (to be renamed) and Future Energy from British Gas
  3. Go Green from E.On
  4. Green Tariff from EDF Energy
  5. 100% Green & Gold from Good Energy
  6. Juice and National Trust Green Energy from npower
  7. Simply Green from Scottish Power

A good move from OFGEM which should weed out alot of the ‘greenwash’ tariffs out there…………

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Is Your Direct Debit Energy Bill Accurate?

This is the question that we must ask ourselves in the light of the latest suggestions from regulator OFGEM that the Direct Debit energy bills supplied must be more accurate in the future, and provide a detailed breakdown of what exactly you are paying for with your energy bills (BBC News). There has been complaints from consumer groups for a number of years that energy firms have been setting their direct debit rates too high. OFGEM concluded that it could find no evidence that this was the case, but we will be checking our bills anyway and would suggest that you do the same.

Who are we paying?

Whilst pondering your bill it also may be worth considering exactly WHO you are paying – as most of the UK energy firms are owned by foreign comapanies (how many UK energy consumers are aware of this?, perhaps something OFGEM could research in the future…..)

  • Scottish and Southern Energy – Has been based in Perth, Scotland since its inception in 1998
  • E.ON – Took over Powergen in 2002 – German-based.
  • NPower – Parent company in German behemoth RWE
  • Électricité de France (EDF) – Produced 22% of 2003 EU Electricity, 74.5% of which was from Nuclear Power.
  • Scottish Power – Under control of Spanish utilities firm Iberdola
  • British Gas – Centrica ltd took over the British Gas name in the UK

Quite alot of factors to ponder then when analysing whether you are getting cheaper gas and electricity.

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