Skip to content

Antony Antoniou – Luxury Property Expert

‘Green’ energy suppliers accused of burning fossil fuels

‘Green’ energy suppliers accused of burning fossil fuels

Unveiling the Truth Behind ‘Green’ Energy: Are Suppliers Burning Fossil Fuels?

In a world striving for environmental sustainability, the demand for clean energy solutions has surged dramatically. As a result, ‘green’ energy suppliers have entered the scene, offering promises of renewable energy to eco-conscious consumers. However, a recent investigation has exposed a troubling reality: a significant portion of customers signed up for “green” energy plans might unknowingly be supporting non-renewable sources.

The Deceptive Green Labels

In the United Kingdom, nearly a third of households have eagerly embraced the idea of ‘green’ energy, purchasing energy plans that claim to be sourced from renewable resources. These so-called green energy plans often come with a label promising eco-friendliness, tapping into the growing desire to combat climate change.

However, a closer examination of these plans reveals a startling truth. While some suppliers do genuinely procure energy from renewable generators like wind farms, a staggering 90% of these so-called green tariffs exploit a loophole that allows them to bypass the need for genuinely renewable energy sources.

The Renewable Energy Guarantee of Origin (Rego) Scheme

Underpinning this disconcerting revelation is the Renewable Energy Guarantee of Origin (Rego) certification scheme. Renewable energy generators, such as solar and wind farms, can obtain Rego certificates issued by the Government. These certificates can then be sold to energy suppliers, who can use them to market their energy plans as ‘green.’ The catch? These suppliers are not required to purchase actual energy from renewable sources.

Even more concerning is the fact that these Rego certificates can be acquired for as little as £1. This minuscule investment allows energy suppliers to paint their energy plans with a green veneer while potentially relying on electricity generated from non-renewable sources, such as coal-fired power stations.

The Dark Reality of ‘Green’ Energy

The consequences of this discrepancy between perception and reality are disheartening. Some ‘green’ tariffs may contain as little as 3.7% actual energy from renewable sources, a fact that exposes the alarming gap between consumers’ intentions and the truth behind their energy plans.

A recent tool developed by the comparison site Uswitch has shed light on the prevalence of this issue. The tool, assessed by independent experts, analyzed 115 ‘green’ tariffs and found that a staggering 85% of them were backed by Rego certificates rather than sourced directly from renewable generators. This revelation affects even well-known providers such as British Gas, E.ON, Ovo Energy, and Pure Planet.

The Quest for Transparency

While some providers genuinely offer plans that source 100% of their electricity from renewable generators, the overall situation remains murky. As households receive the same energy mix regardless of its source, consumers might be paying extra for a green label without truly supporting renewable energy.

Nigel Pocklington of Good Energy expressed the urgency for reform in the energy market, calling attention to the millions of customers being misled by deceptive tariffs. This sentiment is echoed by many who believe that if suppliers market green power, they should be obligated to purchase green power for their customers.

The Counterarguments

Not everyone agrees with these findings, however. Dale Vince OBE, founder of Ecotricity, challenged Uswitch’s credibility, labeling them as energy touts without a genuine understanding of the green energy landscape.

Representatives from various energy companies, including Bulb, E.ON, British Gas, and EDF, defended their positions, asserting their commitment to renewable energy and green initiatives. Each supplier highlighted their unique approach to sourcing renewable energy and their dedication to providing cleaner alternatives to customers.

The Call for Change

The exposed reality behind ‘green’ energy plans has sparked a necessary debate about transparency and accountability within the energy sector. As the demand for renewable energy continues to rise, consumers must be empowered with accurate information to make environmentally conscious choices.

While some providers genuinely adhere to their green promises, the prevalence of Rego-backed tariffs reveals a disheartening truth. As consumers, it’s essential to be vigilant, asking the right questions and supporting energy companies that align with our sustainability goals. Ultimately, the energy market’s transformation towards a genuinely renewable future hinges on our collective demand for change.

0 0 votes
Article Rating
Notify of
Inline Feedbacks
View all comments