Selling your electricity - Juliet Davenport (Good Energy)


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Selling your electricity - Juliet Davenport (Good Energy)

  1. 1. Good Energy Selling your electricity Juliet Davenport CEO 16th November 2010
  2. 2. Good Energy: Who we are • Climate change threatens the future habitability of our world • Climate change is an energy problem • Good Energy’s purpose is to help keep the world habitable by playing an active role in solving the energy problem Good Energy was born in response to climate change
  3. 3. Good Energy: Who we are Good Energy’s work is to promote a renewable energy future by helping: • To change how we generate and use energy • To move from a market that penalises renewables to one that supports them • A fundamental shift of power from the big to the small • To turn the UK energy market upside down
  4. 4. To achieve a habitable future the way we make, manage and use energy needs to change Future energy Energy today How we get there o 100% renewably sourced o 97% fossil o Move from brown to green technologies o Properly valued o Undervalued o Value energy more o Intelligently managed o Wasted o Use it less o Decentralised and widely owned o Centrally owned o Move from few generators to many o Locally sourced o Mined and made far away o Tap into local resources o Easily understood o Complex and obscure o Make the complex simple o Stable & secure o Volatile o Decouple from fossil fuels and foreign states o Good for people and the environment o Bad for people and the environment o Engage people for the benefit of the environment
  5. 5. A 100% renewable 2050: How would we get there? 5
  6. 6. What are the steps to achieve a new electricity face of Britain? 6 Service Co’s not Supply Co’s Service Co’s not Supply Co’s 6
  7. 7. Micro-generation is at the heart of our mission. What does this mean for farmers and land managers? Good Energy already works with nearly a hundred farmers who supply us with electricity, ranging from the Ice-cream making Mackie family in Aberdeenshire to Adam Twine’s community wind farm at Westmill in Oxfordshire. Here are some examples!
  8. 8. Mackie's Dairy Farm, Aberdeenshire • The Mackie family use their three 850kWp wind turbines to generate electricity to turn their milk into ice cream. • Any excess electricity is sold to Good Energy. “This makes good sense for our business because out consumers have told us that it is important for them to know that their favourite ice cream is made with 100% renewable energy. It also make good financial sense. We are a rural business which needs significant power levels and will continue to need more as we grow,” says Managing Director Mac Mackie.
  9. 9. Westmill Community wind farm, Oxfordshire • Five 1.3MW turbines installed in January 2008 • Good Energy buys electricity from three which generate 6400MWh of electricity annually • Enough to supply around 2000 Good Energy customers Funding of the project was raised from a public share issue and with finance from the Co-op bank. This allowed local ownership of the site, maximising the social, environmental and economic benefits to the area.
  10. 10. St John's Wells Farm, Aberdeenshire • Three 800kWp wind turbines installed. • Generate approximately 6000MWh of electricity annually “My family has owned and worked St John’s Wells Farm for over 100 years and endured the ups and downs of farming. Like all businesses, it’s crucial that we adapt and diversify. For us, wind energy offered a great solution,” says farmer John Sleigh
  11. 11. Good Energy: partner of choice for renewable generators We work with and buy energy from over 1500 generators, delivering competitive prices, expert service and advice to: • Homes, landowners, farmers and communities producing heat and electricity using solar power • Landowners, farmers and communities producing electricity from small scale hydropower and wind farms. • Pioneers using bio-energy and wave power to produce electricity. • Good Energy is a “specialist” serving non- energy professionals.
  12. 12. The introduction of the Feed-in Tariff (FIT) in April 2010 made microgeneration more financially viable. Under the FIT • you are entitled to a sum for every unit of electricity you generate, even if you use it on site. • you also earn a sum for the units that you export. Good Energy is a voluntary FIT licensee. Once your generator has been certified by the Microgeneration Certification Scheme (MCS) and we have registered you with Ofgem (the industry regulator), we will claim the FIT you are entitled to and pay it directly to you.
  13. 13. Our FIT proposition for commercial generators For renewable generators from 30kW to 20MW: • Half Hourly metering is required for any site connected to the grid larger than 30kW • A price will be offered that includes: • exported electricity based on the prevailing market rate • LEC price • Embedded Benefits • Other benefits such as Triad, REGOs • Good Energy act as FiT Administrator to submit data to OFGEM and receive payments on behalf of the generator • Contract length for the power of up to 10 years
  14. 14. What can you expect to earn from your solar PV installation? FIT Payment £293 per MWh
  15. 15. Other Options – the Mackies Option • The “Mackies” example – if you have a significant electrical load close by you can use the power “on-site” supplying yourselves with power at a lower cost and exporting the net position to the grid • This works in exactly the same way as a straight grid connected generator, except the pricing of the power takes into account the usage on site • The route offers significant savings as network charges and other industry costs are avoided
  16. 16. How to get a quotation? • All you need is: – Type of technology – Size of proposed installation – Metering to be installed – Site address – Connection details (if possible) – MPAN (metering number – if possible) – Proposed usage Courtesy of Low Carbon Solar Partners
  17. 17. Good Energy and independent generation • Good Energy has pioneered buying power from micro-generators • This is because we believe there is a better way to deliver energy in the UK • This is why we have spent the best part of 10 years making sure renewable energy is at the core of the UK energy policy • Because we believe this is the future • One in 20 of our customers is also a generator – we hope the rest of Britain will catch up soon!
  18. 18. Good Energy is helping people like you harness renewable energy More about Good Energy FIT Sign up to Good Energy today Campaigning for renewables