Not All That Is Green Is Actually Green
Renewable energy plans and tariffs have become very popular over the past few years, as households demonstrate their commitment to the planet.
Consumers making the switch from ‘dirty fuel’ to ‘green energy’, will come across many claims on pricing. Remember cheapest is not always the best, and in some cases not even real.
The majority of green energy suppliers in the UK are genuine and are supplying green or renewable energy. However, as is the case with fast growing industries, it always does attract dubious companies and practices, in the hope for a ‘quick profit’. One of these is ‘green-washing’, a practice, whereby, a supplier claims to be supplying green energy, but in actual fact is supplying ‘dirty fuel’. By doing this, the suppliers are making a higher profit, as they charge the customers a higher ‘green tariff’.
Therefore, if a green energy plan looks too good to be true, then probability it is not genuine green energy. I would recommend sourcing from credible and reputable suppliers of green energy. Follow this link for more details.
What Is The Role Of OFGEM?
OFGEM, the Office of Gas and Electricity Markets, is an independent national regulatory authority, with the primary objective of protecting the interests of electricity and gas consumers in the UK, to include:
- Promoting value for money
- The supervision and development of markets and competition
OFGEM provides impartial information to consumers on household energy to include energy guides, supplier comparison and consumer research.
What Are Renewable Energy Certificates? REGOs?
REGOs, Renewable Energy Guarantees Of Origin are certificates issued by OFGEM via their accreditation process to renewable energy generators (for example: solar and wind farms). REGOs certify that the energy you are sourcing has been generated from renewable sources i.e. it is green energy! So keep an eye out for confirmation of REGOs on the supplier website.