Good Energy to produce one-third of supplies from solar sources - 31/08/2011

One of the small energy suppliers that specialises in green cheap electricity has managed to secure a third of its supplies from solar energy.

Good Energy, the only energy supplier that derives all of its power from renewable sources, has upped its proportion of electricity generated from solar panels from one per cent to 33 per cent with a series of solar facilities across the UK.

Chief executive Juliet Davenport commented that the supplier's move shows solar energy is a viable alternative in the UK and will help keep future price hikes stable.

"Solar has a valuable part to play in a balanced renewable energy portfolio because the sun is often shining when the wind isn't blowing, and vice-versa," she said.

"[The move] is proof that clean, green electricity produced in the UK from natural resources can provide resilience against price volatility caused by relying on energy imported from abroad."

Some 30 solar projects have helped Good Energy meet its goal, which have used the government's feed-in tariff initiative to make money while generating green electricity.

"The fact Good Energy customers will now be getting around a third of their electricity from sunlight once again demonstrates Good Energy's commitment to renewables and shows that solar PV is a viable technology here in the UK," Ms Davenport added.

"In fact, we get as much sunshine in the UK as Germany does, although Germany generates much more solar power.

Good Energy customers will now receive power derived from wind (54 per cent of the total proportion), solar, bio-energy (eight per cent) and hydroelectricity (six per cent).

Recently the company announced it will be hiking gas prices from September 6th as a result of underlying wholesale market costs.

However, it pledged to hold electricity prices steady until at least 2012 "and hopefully longer", because improvements in its weather forecasting techniques have enhanced the supplier's ability to trade renewable energy more efficiently.

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