Pioneering clean energy firm Good Energy has launched a new smart export tariff for households with solar panels as part of its strategy to expand its decentralised energy services offering.
Called Power for Good, the tariff will pay customers 10p per kWh, which the Chippenham-headquartered group describes as a leading rate for a variable export tariff and can help the typical solar-powered home generate around £150 a year for the energy they share.
Good Energy, which has identified a key target segment of more than 250,000 households considering a solar installation by 2026.
Last year installations doubled in the UK more than doubled to over 130,000, with high energy prices driving increased interest in households generating their own power.
Good Energy said it was well positioned to become a market leader given its status as a trusted green pioneer with more than 20 years as a renewable electricity supplier and a legacy that includes being the first UK company to pay households for the solar energy they generate,
Last month the firm announced that it had started domestic rooftop solar installation following its £1.75m acquisition of Southampton-based Igloo Works in December.
The launch of the Power for Good tariff also comes after the introduction of a smart export for Good Energy’s 180,000plus Feed-in Tariff (FiT) customers.
Good Energy CEO Nigel Pocklington said solar was a key pillar of the firm’s green energy services strategy and the new tariff launch marked another significant milestone in its journey towards being the “go-to provider and one-stop shop” for solar power generation and leading export tariff prices.
“It is a pleasing development which follows swiftly on the back of our first solar installation, and we expect it to drive more households to switch to solar,” he added.
“Following a year of record energy prices, we expect the growing interest in solar to continue at a significant rate as the government, together with businesses and consumers, focus on building long-term renewable energy solutions.
“We will continue to drive interest and expand our customer base with competitive leading export tariffs, financing and bundling to make cutting carbon cost-effective and accessible for all.”
Good Energy, which has long term power purchase agreements with a community of 1,700 independent UK generators, also part owns electric vehicle charge point mapping app Zap-Map.
