Good Energy Expands Myenergi Partnership

Good Energy Group PLC

10 July 2024

 

RNS REACH

10 July 2024

Good Energy Group PLC

("Good Energy" or the "Company")

Good Energy Expands Myenergi Partnership

Good Energy Group PLC (AIM: GOOD), the 100% renewable electricity supplier and energy services provider is pleased to announce that myenergi, the smart home energy technology manufacturer, has switched the energy supply of its business operations to Good Energy.

Myenergi has switched the energy supplier for its headquarters and manufacturing facilities to Good Energy. The move means that myenergi's electricity usage will be backed by 100% renewable power purchase agreements (PPAs) from Good Energy's more than 2,500 generators across 90% of the time - enabling the technology manufacturer to use the insights provided to flex their energy usage and reduce their carbon footprint.

Myenergi helps customers in their homes to flex their energy use - such as through its smart EV charger the 'Zappi', which allows EV drivers to charge at times when the grid is lower carbon. Good Energy's hourly matching will help myenergi to follow the same principles for the energy it uses in its manufacturing and operations. The new agreement is an extension of an existing relationship between the two companies, as Good Energy is an installer of Zappi EV chargers and 'eddi' hot water controllers, alongside its solar, storage, and heat pump installation services.

Tom Parsons, director of sales and origination at Good Energy, said: "As an innovative business which is helping customers cut their carbon by shifting how and when they use energy in their homes, myenergi naturally understood the importance of energy data and flexing demand.

"Good Energy supplying myenergi's headquarters and manufacturing operations with hourly-matched renewables creates the kind of carbon-reducing circular approach we need to see everywhere across all industries.

"As two pioneers in the clean energy space, it is brilliant to be building on our existing relationship and leading the way towards net zero together."

Carl Allen, CEO of myenergi, commented: "As one of the originators of the clean energy industry in the UK with a commitment to truly renewable power, Good Energy is a perfect partner for our energy supply. Being able to see the data on how our electricity usage is matched with the output from their portfolio of renewable generators in real time means we can practice what we preach to our customers and support the transition to renewable energy."

Enquiries

Good Energy Group PLC
Nigel Pocklington, Chief Executive Ian McKee, Head of Communications	Email: [e-mail]
SEC Newgate UK	Email: [e-mail]
Elisabeth Cowell / Molly Gretton	Tel: [phone]
Investec Bank plc (Nominated Adviser and Joint Broker)
Henry Reast / James Rudd	Tel: [phone]
Canaccord Genuity Limited (Joint Broker)
Henry Fitzgerald - O'Connor / Bobbie Hilliam / Harry Rees	Tel: [phone]

About Good Energy www.goodenergy.co.uk

Good Energy is a supplier of 100% renewable power and an innovator in energy services. It has long term power purchase agreements with a community of 2,000 independent UK generators.

Since it was founded 20 years ago, the Company has been at the forefront of the charge towards a cleaner, distributed energy system. Its mission is to power a cleaner, greener world and make it simple to generate, share, store, use and travel by clean power.  Its ambition is to support one million homes and businesses to cut carbon from their energy and transport use by 2025.

Good Energy is recognised as a leader in this market, through green kite accreditation with the London Stock Exchange, Which? Eco Provider status and Gold Standard Uswitch Green Tariff Accreditation for all tariffs.

 

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