Ecotricity has two green electricity tariffs:
New Energy is both a green source and a green fund tariff that costs the same as the incumbent supplier in your region. Ecotricity match a percentage of the electricity you use with a supply of renewable power back into the electricity grid. In 2006 - 07 the amount was 24% with this figure set to increase year-on-year.
New Energy Plus is also a green source and a green fund tariff. The company matches 100% of the electricity you use with a supply of renewable power back into the electricity grid. All of the electricity is from sources that qualify under the Renewables Obligation. This tariff costs about 5% more than the New Energy tariff. The tariff was previously known as Old Energy.
Ecotricity is both a windfarm developer and an electricity supplier. The company has pledged to invest 100% of its annual profits in building new wind turbines. Ecotricity claims (though this is not independently audited) that it invests the most money per customer out of all suppliers in building new sources of renewable electricity. The company also plants one tree on UK farmland for each customer signed up to either tariff.
Ecotricity New Energy |
Ecotricity New Energy Plus |
|
|---|---|---|
| Tariff Type | ||
| Green source |  (24%*) |
(100%) |
| Green source (large hydro) | ||
| Green fund (new renewables) | |
|
| Green fund (other
environmental) |
||
| Carbon offset | ||
| Tariff Guarantees | ||
| Tariff backed by REGOs | 24%* |
100% |
| Tariff backed by retirement of LECs | 100%1 |
|
| Tariff backed by retirement of ROCs over and above the statutory requirement | ||
| Additional Information | ||
| No premium payable | |
|
| Affinity deal | Various |
Various |
| Incentives to
reduce consumption |
||
| Available to electricity customers | |
|
| Available to gas customers | ||
| Available to PPM customers | |
|
*2006 - 07 figure. The percentage will increase year on year. 1 The New Energy Plus tariff was previously known as Old Energy. Ecotricity retired the LECs associated with the supply of electricity to Old Energy customers. |
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