Good Energy to offer lower tariff to customers near its wind farms

Nov 20, 2012 - UK renewable electricity supplier Good Energy Ltd will offer lower prices to households near its wind farms under what the company said was Britain's first local electricity tariff.

As of early 2013, existing and new customers living within 2 km (1.24 miles) of Good Energy's 9.2-MW Delabole wind farm in north Cornwall, England, will be able to switch to the company's new local tariff, which gives a 20% discount on its standard electricity prices, Good Energy said yesterday. Currently, the proposal translates into annual savings of about GBP 100 (USD 159/EUR 124) for an average Good Energy customer. There will also be a "windfall" credit of up to GBP 50 per household in the years that the wind facility performs better than expected.

Good Energy will offer the local tariff at its other wind farm sites of more than 4 MW as they are developed. The company aims to develop 110 MW of renewable projects using a number of technologies by 2016.

"I'm proud that Good Energy is leading the UK wind industry with a new model ensuring that people who live near our wind farms share in their success," chief executive Juliet Davenport said, adding that wind power had a big role to play in meeting the UK’s energy needs in the future.

(GBP 1.0 = USD 1.592/EUR 1.244)

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