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On 1st October Good Energy is launching its new ‘pay-back’ tariff to its customers generating their own electricity. Good Energy will pay 9 pence for every unit their customers generate.
Juliet Davenport, Chief Executive of Good Energy stated why the company is launching the new Home Generation product. “Good Energy believes that climate change is the biggest challenge we face as a society. 30% of the UK’s carbon emissions come from our homes - this is where we need solutions and home owners using wind, solar and wood energy are providing those solutions. Good Energy wants to actively support these home owners producing their own power and by offering the highest payment for electricity generated at home, that is exactly what we are aiming to do.
John Sauven Executive Director of Greenpeace welcomes Good Energy’s announcement, “Good Energy is showing the way with their new Home Generation scheme. The government is dragging its heels on climate change and its support for small scale renewables is shameful. Microgeneration in mainland Europe is booming - if they can do it so can we. The UK government should now follow the lead of Good Energy.
As well as encouraging individuals to become microgenerators, the improved scheme will provide valuable support to existing generators. Alex Michaelis is a leading eco-architect and Home Generator. “I installed solar panels as part of my commitment to the environment not for the economics. This announcement by Good Energy will bring me a return on my investment which is great news. I hope it will encourage lots more people to start generating their own power.”
To read the full press release click here
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