The Week’s Energy News – 09/12/2016
This week’s energy news covers an acquisition and a host of renewable energy stories. Drax buys Opus Energy ...Read More
Ovo Energy, a small and quite new business electricity supplier, has an option of 100% green energy. But its other plan is currently predominately using coal and gas.
An independent supplier, Ovo Energy has only recently started supplying business energy. But like many of the other energy suppliers, such as British Gas and SSE, its fuel mix has changed over the last year.
Ovo Energy prides itself on having just two simple tariffs for both domestic and business energy customers. From 2015 businesses can choose between their Better Energy plan and their Greener Energy Plan (which offers 100% renewable electricity). Their fuel mix disclosure shows the combined energy sources on their 2013–14 Greener, Better and Simpler Energy Plans.
The percentage of coal and gas in the fuel mix has, as with most of the business electricity suppliers, fallen from 69% of the fuel mix in 2012–13 to 62% in 2013–14. While many energy suppliers turned to cheap coal to generate electricity, the closure of coal-fired power plants and the conversion of others to biomass plants has resulted in less coal used to generate electricity.
The amount of nuclear in Ovo’s fuel mix almost doubled from 4% to 7% but still makes up much less than the national average of 22%. Over 50% of Ovo’s energy for this period was low carbon (gas, nuclear, renewables).
Ovo Energy’s fuel mix already had a high proportion of green energy in its fuel mix. From 2012–13 to 2013–14 this increased only slightly, but from April 2015 renewable energy makes up 33% of their Better Energy plan. So they are increasing the proportion of green energy in their fuel mix.
If you don’t want to stay with one of the Big Six energy suppliers like British Gas or nPower and you’d prefer to switch to one of the smaller, independent suppliers, Ovo Energy is worth looking at. It has a high proportion of green energy and just two simple plans to choose from.
But you don’t have to decide now – give one of our friendly team a call on 0330 0100251 and they will be able to advise you on the best option for your business. Alternatively complete the form at the top right of this page.
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