Uswitch Green Tariff Gold Standard accreditation

RNS Number : 2149U

Good Energy Group PLC

31 March 2021

 

Good Energy Group PLC

("Good Energy" or "the Company")

Good Energy first supplier awarded 'Gold' in Uswitch new green tariff accreditation scheme

Good Energy Group PLC (AIM: GOOD), the 100% renewable electricity supplier and innovative energy services provider, announces it has been named as the first and only energy supplier to date awarded 'Gold' in USwitch's green tariff accreditation scheme.

Uswitchs' independent panel judged Good Energy's electricity and gas tariffs to be 'market leading in their environmental credentials'.

Good Energy, the UK's first 100% renewable electricity company, is now the first to be awarded the highest standard on a ground-breaking new green accreditation scheme for energy tariffs. The 'first of its kind' scheme from a comparison and switching site categorises green energy tariffs into Bronze, Silver and Gold, with Good Energy the only supplier awarded Gold.

The Uswitch Green Accreditation* aims to provide transparency to customers looking to switch to a green tariff. Research from the comparison service found that whilst a third of households are now on a 'green' tariff, more than half (52%) of UK consumers are confused about what makes up the many 'green' deals on the market.

Criteria verified by an independent panel of experts require Gold standard tariffs to be backed with 100% renewable electricity purchased from renewable generators direct, and 10% of green gas. Good Energy, which is also rated 'excellent' on customer service reviews site Trustpilot, was awarded the standard for all tariffs it submitted.

There are more than 6 million domestic energy customers who switch supplier every year, the majority via switching and comparison sites, of which Uswitch is the most popular. The site receives over 5 million visits per month.

Juliet Davenport, Founder and Chief Executive Officer of Good Energy, said:

"This is a watershed moment for transparency around green tariffs. For years now energy suppliers have been able to mis-label green tariffs to customers who are trying to do the right thing in choosing green. We have continued to invest in our domestic business and are seeing record levels of customer service. This accreditation makes it clear for customers on how to switch to a truly green energy provider.

"The UK cannot achieve net zero without bringing everyone along. To build a greener future together, we have to give people the facts about the renewable choices they are making. It's brilliant to see Uswitch take action and do it in the right way by asking independent experts. We hope to see other comparison and switch services follow suit".

Enquiries:

Good Energy Group PLC Juliet Davenport, Chief Executive Charles Parry, Investor Relations Luke Bigwood, Communications	Email: [e-mail] Email: [e-mail] Phone: [phone]
Investec Bank plc (Nominated Adviser and Joint Broker) Jeremy Ellis Sara Hale	Tel: [phone]
Canaccord Genuity Limited (Joint Broker) Henry Fitzgerald - O'Connor Georgina McCooke	Tel: [phone]

*For more information on the new Uswitch Green Accreditation, see the Uswitch news release - https://www.uswitch.com/media-centre/2021/03/uswitch-green-accreditation/

Uswitch green tariff information page:  https://www.uswitch.com/gas-electricity/green-energy/green-accreditation/

Notes to editors:

About Good Energy www.goodenergy.co.uk

Good Energy is a generator and supplier of 100% renewable power and an innovator in energy services. It currently owns two wind farms, six solar farms and sources electricity from a community of 1,600 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 support UK households and businesses generate, store and share clean power.

Good Energy is recognised as a leader in this market, through our green kite accreditation with the London Stock Exchange and as a top rated Green energy supplier by Which?.

 

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