What GreenPower is
GreenPower is a national, co-operative and territory government program that was commissioned to increase Australia’s production of new environmentally friendly renewable energy. GreenPower is a joint initiative of several state and territory government agencies that make up the National GreenPower Program Steering Group.
Government accredited GreenPower is electricity which comes from new renewable sources such as hydro, wind, solar and waste. To get the accreditation these sources must have been built after 1997 and meet strict environmental standards. An accredited GreenPower product will always have the ‘tick’ logo and indicate the percentage of your household electricity consumption that will be purchased by your energy retailer on your behalf. The National GreenPower Accreditation Program is voluntary.
All electricity generators and retailers have to follow specific protocols to obtain accreditation for GreenPower products. Red Energy has met the requirements set by the National GreenPower Accreditation Program and obtained the ‘tick’ for its 100% GreenPower products. The GreenPower tick logo is your guarantee that your contributions are helping facilitate the installation of new sustainable renewable energy projects in Australia. Also, each financial year, electricity retailers are audited on GreenPower products. The objective of the audit is to determine the level of compliance between participating GreenPower product providers’ GreenPower accredited products. These GreenPower reports are publicly available on the GreenPower website.
GreenPower to your home
The electricity which comes to your house comes from the national electricity grid (Network). The Network is transmitted with a combination of energy sources, from coal fired power stations, renewable energy generators and other forms that cannot be distinguished. We purchase accredited GreenPower on your behalf and feed it into the Network. The way in which the electricity is transmitted to your house remains the same.
Red Energy offers a number of 100% accredited GreenPower products for residential and small business customers in Victoria, New South Wales, South Australia, Australian Capital Territory and Queensland.
Currently, GreenPower with us costs 5.83c/kWh incl GST in addition to your standard Electricity consumption charges.
If you are new to Red Energy, you can request GreenPower be added to your account, or select a plan that already includes it.
If you are an existing customer of Red and want to add GreenPower, you may have to change your plan with Red Energy, this will depend on your current arrangements with Red. If you have any questions, our award-winning Australian based solutions team can help with adding GreenPower to your account.
Costs and benefits
GreenPower costs more because of the Renewable Energy Certificates (RECs) purchased to offset your electricity. They are additional to the federal Government’s Renewable Energy Target. This means your purchase increases the amount of renewable energy in Australia’s grids beyond what would otherwise be the case. The renewable energy industry is evolving and over time it will further develop as more customers choose GreenPower products, which could lead to lowering the costs of renewable energy.
Using GreenPower will help reduce greenhouse gas emissions by ensuring your electricity comes from renewable energy.
The GreenPower website
The above information is obtained from GreenPower and other relevant sources. For further information please visit www.greenpower.gov.au