Pages

Powered by Blogger.
 
Showing posts with label Last year this was. Show all posts
Showing posts with label Last year this was. Show all posts
Monday, May 24, 2010

Last year this was

Switching to Green Electricity? It's a ROCky road...

I could say that one of the easiest ways to reduce your carbon footprint is to switch to a 'green electricity tariff'. Unfortunately it is not quite so simple...

There are two types of green tariff:

1. "Green Supply" - you purchase electricity which is guaranteed to come from a renewable source.

2. "Green Fund" - you pay a premium which is invested in building new renewable energy projects.

Straightforward so far?

However, every electricity generator is obliged to generate a certain amount from renewable sources (the Renewable Obligation). Last year this was 5.5% and it should go up to 15% by 2015. If a generator falls short of this, they have to buy certificates (called ROCs - short for Renewable Obligation Certificates) from someone who generates more than their obligation.

Updates Via E-Mail

Labels