Green Energy (UK) plc

Green Energy (UK) plc, also known as Green Energy UK, is an independent sustainable energy company which sells 100% Ofgem-certified green and renewable electricity and gas, to homes, businesses and organisations in England, Wales and Scotland. Green Energy UK is the only energy supplier in the UK to offer 100% green gas. Based in Ware, Hertfordshire, Green Energy UK was founded in 2001 by chief executive officer Douglas Stewart.[1]

Green Energy UK
Utility company
IndustrySustainable energy
Founded2001
HeadquartersWare, Hertfordshire
Key people
Doug Stewart, founder
ProductsSparkling and TIDE
Websitewww.greenenergyuk.com

About

Green Energy UK were the first energy supplier to provide only 100% green gas to domestic and business customers. To this day they are still the only supplier who provide 100% green gas to domestic customers.

They were the first and only private company in the UK to give free shares to its customers.[2] Whilst this scheme has now ended, some customers remain shareholders, and can make suggestions at any time to improve the business and help it grow, and they can attend its AGM and put questions to the board.

Green Energy UK's customer base has grown through customer recommendation, sponsorship and social-marketing activities.

Fuel mix

Green Energy UK was the first UK energy supplier to offer a choice of green-only tariffs including 100% green gas. Their Sparkling tariff is made up of 100% green sources – solar, wind, hydro and biomass and biomethane (green gas). To make the option of choosing to 'go green' more enticing, the company's Sparkling tariff is price-matched to the regional suppliers.

The EKO Energy Tariff offered by Green Energy UK is independently certified by EKOenergy a global, nonprofit ecolabel for renewable energy. The ecolabel proves that the consumed energy fulfills extra sustainability and quality criteria, set by a network of environmental NGOs. Using the ecolabel also helps consumers make a concrete and additional impact through our Climate Fund and Environmental Fund.

Green Energy UK launched the UK's first time-of-use tariff, TIDE in January 2017. Tide put the customer in charge, let them take control and decide when they use energy and what that means to the bill. It encouraged customers to vary usage and consume electricity in periods of lower demand when the price was cheaper using an electricity smart meter.[3]

All their tariffs are 100% Climate Change Levy exempt.

Generators

Only a few of Green Energy UK's 650 generators were making electricity before Green Energy UK was set up. The company's generators are all approved by Ofgem and have a large range of sources including energy from waste, biomass, photovoltaic-solar, small-scale hydro, wind, CHP and anaerobic digestion.

The company only buys green-sourced electricity from within the UK and has no brown energy or nuclear in its business. Green Energy UK facilitates investment into renewable technologies by creating demand for this green electricity.

Awards

Green Energy UK was crowned 'Winner of Winners' in the Cisco Customer Kings competition, 2010.[4]

References

  1. Stewart, Doug Sunday Times "How I Made it", Green Energy UK http://business.timesonline.co.uk/tol/business/entrepreneur/article6168861.ece
  2. Daily Telegraph "Green Energy Firm Gives Free Shares to Reward Customers" https://www.telegraph.co.uk/finance/yourbusiness/7608066/Green-energy-firm-gives-free-shares-to-reward-customers.html
  3. "Cisco/Real Business magazine "Customer Kings Winner of Winners" Green Energy UK" (PDF). Archived from the original (PDF) on 2011-07-11. Retrieved 2010-05-05.
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