It used to be a stark choice – cut your carbon footprint and pay over the odds or take the lowest price and don’t ask how it’s produced.
Meercat have been in the energy market for over 14 years and now have the market-leading pricing solution for low carbon energy:
- Lowest prices with our reverse auction technology
- Jargon-free support
- On-going monitoring and expert guidance for future switching
We use the latest technology to drive down the price with up to 30 suppliers directly competing to win your low carbon contract. Our unique ‘Reverse Auction’ platform is proving a massive success and gives us a major competitive advantage by saving customers thousands of pounds within hours.
Because we’re committed to the low carbon, green agenda and work closely with the major energy suppliers, our green energy prices are now within just 3% of energy produced from fossil fuel sources.
It’s now very affordable and by going with Meercat, you too can reap all of the benefits of being a Net Zero Business Champion.
Future energy trends
There’s a global need to reduce carbon emissions now and we’re ahead of the game!
The government is leading the charge and has committed the UK to cut emissions by 78% (from 1990 levels) by 2035, taking it three quarters of the way to net zero by 2050.
Political policy is only moving in one direction so businesses need to be able to cope with the changes and defend against future risk in the energy market. But there are big opportunities for low carbon businesses too.
The cost of electricity from solar power for example, has dramatically reduced by 89% over the last 10 years and the UK’s electricity generation from low carbon sources has quadrupled since 2010.
There is a direct correlation between the investment made in greener sources and the cost of the power output. The future trend for energy is very clear – the cost of fossil fuels will continue to rise in comparison to greener sources which will continue to fall as more and more businesses switch.
Brown, renewable and green energy?
Understanding the terminology is important, especially when positioning your company with a low carbon, green agenda:
- Brown energy is derived from fossil fuels such as coal and oil. In order to collect the energy, these fuels are combusted, producing harmful emissions.
- Renewable energy must not be confused with green energy. Burning wood from sustainable forests for example is renewable, but this still releases harmful emissions into the atmosphere. The transportation of wood chips from Canada to the UK also needs to be accounted for in the equation.
- Green energy however, does not produce harmful emissions and includes sources such as solar, wind or hydro. Although they have their own difficulties, they are a much cleaner source of energy.
Comparing energy prices
Energy pricing is still complex and often causes confusion.
Prices can sometimes include tariffs, surcharges, uplifts and taxes on each contract, see the pie chart of charges, so it’s important to get this clarified.
You also need to be aware that the Climate Change Levy (CCL) is exempt from green tariffs, though some suppliers add additional admin fees or build them into their per Kwh rate. The Meercat team give you free guidance as part of our service and all of our costs are 100% transparent – guaranteed!
To help you further, here’s a price comparison table for brown, renewable and green energy prices for a typical business. Note that the final price difference is only 3% between brown (fossil fuels) and fully green energy sources and this is similar for most sizes of business.
Now is therefore an ideal time to consider switching your energy supplies to green sources.
As well as direct fuel and cost savings for the business, you’ll be contributing to the global need of reducing emissions, improving air quality and enhancing biodiversity.
For further research on this, you can study the Department for Business, Energy and Industrial Strategy at https://www.gov.uk/government/news/uk-enshrines-new-target-in-law-to-slash-emissions-by-78-by-2035
Reputational and brand benefits
Reputational benefits can also be gained and you’ll be able to meet adherence to CSR policies that suppliers and customers have or will eventually demand. In time, government is likely to increase legislation to eventually force companies to adopt green practices in any case.
As part of your energy supplies review, we also strongly suggest you consider creating a Sustainable Procurement Strategy for all your supply chain needs and this will further enhance your brand value and help build you a competitive advantage.
Get on board now with a low carbon, sustainable business and build that advantage.
For free advice on all your energy needs, transparent pricing and how you can maximise your opportunities, please call our Energy Team on 01444 416529 or email email@example.com