An independent energy supplier is offering a new label which highlights the source and carbon footprint of electricity.
SmartestEnergy will produce the energy label – similar to the buildings energy efficiency label – annually for each customer.
The ‘Tariff Emission Factor Model’ has been developed with Carbon Trust and certified according to the GHG Protocol Product Standard, which is the most widely used international accounting tool for government and business leaders to understand, quantify and manage greenhouse gas emissions.
SmartestEnergy’s “advanced customers” will also be able to choose which renewable technology their power is generated from.
Robert Groves, SmartestEnergy’s CEO said: “A growing number of large businesses are looking to reduce their carbon footprint by buying 100% renewable electricity and we believe this energy label will support that ambition.”
Tom Delay, CEO of Carbon Trust added: “The growth of renewable electricity generation and the evolution of standards in corporate reporting present an opportunity both to help the UK meet its carbon targets and also for companies to be recognised for taking action to reduce their corporate carbon footprints. This is a complex area and businesses want to have confidence that when they purchase renewable energy, this is supported with the appropriate level of rigour and traceability.”