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GreenPower is the only government-certified renewable energy scheme and it launched in 1997 to raise public awareness of the need for national renewable energy. It enables Australian energy customers to offset their electricity usage by purchasing electricity from certified renewable sources via their retailer. This renewable energy is then added to the grid on their behalf.
The GreenPower program aims to:
Most electricity retailers in Australia offer GreenPower products. To find a certified retailer, look for the official "tick" logo.
GreenPower lets your retailer feed renewable electricity into the grid on your behalf. The amount of "green electricity" you put back into the grid depends on how much energy your home or business uses and how much you're willing to spend.
When you buy GreenPower, your retailer buys certificates of the same amount from certified renewable energy generators. These certificates are also known as Large Scale Generation Certificates or LGCs and are made by accredited generators.
GreenPower generators create electricity from sources that are renewable and can operate indefinitely. These generators create electricity from wind power, hydroelectric processes, wave and tidal power, and solar power. Each generator must be certified by the government.
According to the government, approximately 85% of Australian energy comes from non-renewable fossil fuels such as coal. As a result, electricity is the biggest single contributor to Australia's greenhouse emissions. By choosing GreenPower, you can offset your energy with renewables that produce no greenhouse gases.
Additionally, the scheme is helping to grow Australia's renewable energy sector. Most of what you pay for GreenPower goes directly to support and create certified renewable generators.
Whether or not a retailer is GreenPower certified also affects its green rating.
GreenPower costs more than your standard electricity. According to the official website, customers who buy 100% GreenPower will pay an estimated 5 to 8 cents more per KWh. To find out exactly how much more you'll have to pay, check with your energy retailer.
The more GreenPower you choose to purchase, the higher the cost. However, if you buy a 100% GreenPower product, you can offset all of the gas emissions created by your energy use and further reduce your impact on the planet.
House electricity and gas is with Energy Australia. We have been with them for many years.
The government politicians advise change companies to get cheaper cost, is this worth it? Also as pensioners, should we get a reduced fee?
Hi Max,
Thanks for visiting finder.
Please know that we are a product comparison website and we don’t stand as a representation to the companies featured on our site.
Anything that will give you less cost is as good a savings as it gets. To see if pensioners gets reduced fees for this you may contact GreenPower or your local government.
Hope this clarifies!
Cheers,
Nikki