Green energy firm to undercut big six
12:25pm Monday 30th September 2013 in News
A STROUD-based, green energy company has announced it will freeze it’s prices until the New Year amid fears that the largest energy firms are to hike theirs.
Ecotricity’s electricity and gas tariffs will stay at current levels until 2014 as concerns are being raised that the six largest energy firms in the country will raise their prices by eight per cent.
Dale Vince, who founded Ecotricity in 1995, said their work was aimed at bringing about an energy-independent Britain.
“The more of our own energy we produce through our own renewable sources, the greater we’ll be able to shield our customers from price hikes that come with an over-reliance on fossil fuels,” he said.
“With the big six expected to raise prices in the coming weeks, what was originally a modest reduction in price, should quickly become a more significant saving.
“People often assume that green energy is more expensive. But most households in Britain are actually on a standard tariff – so millions of households could get 100 per cent green electricity for less than the price they pay for brown electricity from the big six.”
The big six are the largest and oldest energy companies: British Gas, EDF Energy, E.ON Energy, npower, Scottish Power and SSE.
Mr Vince said around 40 per cent of its electricity supply was generated by its fleet of fleet of wind and sun parks, with planning permission granted to double its current supply - meaning the company can set its prices independently.
Ecotricity company currently powers over 75,000 homes and businesses and this year obtained permission for what will be the fourth largest wind park in England, at Heckington Fen in Lincolnshire.
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