Good Energy, the UK's only dedicated 100% renewable electricity supplier, will be reducing its standard electricity tariffs by an average of 7.5% from 1st April 2009. This is the second price reduction this year, and follows a cut of 7.5% in January.
Our April reduction means a typical Good Energy customer will save more than £40 per year on their electricity bill.
Juliet Davenport, CEO of Good Energy, said, "We are really pleased to be able to reduce our electricity prices ahead of our competitors once again. We want to make sure our customers get the best value from their renewable energy supply, so we're passing on the savings we've been able to make due to more favourable market conditions and improvements in our renewable trading systems."
Although the price of renewable energy is still affected by conditions in the UK power market, Good Energy is working hard to reduce the impact on its customers of future volatility due to fossil fuel prices. Good Energy buys directly from more than 500 independent renewable energy generators and is also planning to invest around £400 per customer to increase the power output of its wind farm in Delabole, Cornwall.
As well as helping its customers save money on their energy bills, these initiatives are a key part of Good Energy's mission to make it easy for people to make a difference to climate change by supporting the growing movement of individuals, communities and businesses who are generating clean energy.
Further information about Good Energy can be found at www.goodenergy.co.uk.