Good Energy heads to the market

Green energy supplier Good Energy is to offer more shares to the public as part of its efforts to grow. The firm’s first windfarm in Delabole, Cornwall, was bought through customer shares in 2002 and its first bond offer to customers, in 2013, closed three weeks ahead of schedule having reached the maximum of £15m. […]

Good Energy doubles gas customers in a year

Small British power supplier Good Energy has nearly doubled its domestic gas customers in a year. From 11,000 gas customers last June, this jumped to 20,000 by June 2014. Electricity customers also rose by a third (35%) from 34,000 to 46,000 over the year to June 2014. The company which markets itself on “green” electricity […]

Good Energy submits proposals for wind farm in Cornwall

Renewable electricity supplier Good Energy has submitted a planning application for a new onshore wind farm in Cornwall (pictured). The Big Field wind farm would consist of 11 turbines with a total installed capacity of 25.3MW and generate enough electricity to power around 13,500 households. The energy firm is proposing a range of benefits for […]

Good Energy to raise dual fuel bills by 2.2%

Renewable energy supplier Good Energy has announced it is to raise its domestic gas and electricity prices by 2.2%. The changes, which will see householders’ dual fuel bill rise from £1,173 to £1,199 a year, will come into effect from April 2nd this year. The energy firm blamed the rise on the “costs of electricity […]

Green energy suppliers freeze prices this winter

Green electricity providers Good Energy and Ecotricity said they would hold gas and electricity prices for all consumers until the end of winter. Good Energy said it decided to freeze prices as the majority of its external costs are not rising until April next year while Ecotricity had initially frozen bills until the 1st of […]

“Not fair” to tar energy with the same brush as banking

It’s “not fair” to draw comparisons between the energy and banking sectors according to CEO and founder of Good Energy, Juliet Davenport. In an interview with ELN this week at the Energy UK conference, she responded to Ed Davey’s suggestion that suppliers faced a “Fred the Shred moment” over the recent round of price hikes: […]

Ed Davey gets tough with the energy sector

Sumit Bose reports from the first Energy UK annual conference in which Energy Secretary Ed Davey gets tough with the energy sector.

More power to the individual?

A new energy market that gives more power to the individual could be emerging, the CEO and founder of Good Energy has told ELN. In an interview at the Energy UK conference yesterday Juliet Davenport said: “We have around 35,000 customers but we also have 55,000 small renewable generators and actually we see a very […]

Smaller suppliers won’t need as much cash in the bank

Smaller energy suppliers won’t have to keep as much money in the bank when they buy electricity from Big Six generators, under new proposals from Ofgem. New rules set by the energy regulator are meant to give smaller suppliers a bigger toe-hold in the retail market. Up until now the larger firms have demanded large […]

Concern over DECC’s ‘slow growth’ plans for solar

The renewables industry has welcomed the Government’s new support levels for solar but said it doesn’t understand its rationale for “slow growth”. The news comes as DECC announced subsidies for solar energy yesterday, higher than what it initially proposed but said the levels of support are “intended to encourage slow but steady deployment”. Mike Landy, […]