Good Energy to support small scale solar generators with new service
Wiltshire-based renewable energy firm Good Energy Group has launched a new service, which it says, will help small scale solar power generators be rewarded fairly for their environmental contribution.
It service to Feed-in-Tariff (FIT) generators will register them for Renewable Energy Guarantees of Origin (REGOs) - enabling such producers to be recognised for generating renewable electricity for the first time since the inception of the scheme in 2010.
READ MORE: Good Energy founder among experts appointed to govt's clean power advisory commission
"Microgeneration has been historically undervalued in our energy system," said Nigel Pocklington, CEO of Good Energy.
"Not only has the power small scale solar generators share back to the grid been underestimated, but schemes which are available to bigger generators, like REGOs, have not been available to them.
"On an individual level, this service will help our FIT microgenerators be rewarded fairly and be recognised for the contribution they are making to the production of renewable energy," he added.
"And on a macro-level it will help to better assess the contribution of microgenerators, make solar generation as attractive as possible and drive more people to produce their own clean energy."
Under the FIT REGO Boost service, Good Energy will now pay opted-in FIT customers for their REGOs, boosting their earning potential by up to 9% (based on the average solar PV system generating 2.46MWh each year, and the average FIT generation tariff of 4.58p/kWh).
Pocklington added that small scale, decentralised clean power was "essential to achieving net zero".
REGOs are issued by Ofgem to certify that electricity has been produced by a renewable source but the process of applying for and managing REGOs is complex and can be time consuming.
Good Energy has worked with Ofgem to design the new service. which streamlines the registration process for FIT generators.
FIT REGO Boost is open to participants of the FIT scheme which closed to new entrants in 2019.
