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Good Energy plans to hold electricity prices to at least 2012

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Posted on: 03.08.11 Category: Energy Tariffs,

• Prices have not risen since August 2008 and will be held unchanged until at least 2012
• British renewable energy is better for our energy security, and more resilient against price volatility
• Good Energy is raising gas prices by 9.4%, due to increases in underlying market prices

August 3rd 2011: Good Energy, the 100% renewable electricity supplier, intends to hold its electricity prices until at least 2012, and hopefully longer. The company has not raised its prices since August 2008; and has been working hard since then to improve its competitiveness and ensure that green energy is more accessible.

Juliet Davenport, founder and CEO of Good Energy, said: “I think that Good Energy is now a great alternative to the ‘Big Six’ energy suppliers. Not only do we supply independently guaranteed 100% renewable electricity and industry-leading customer service, but we’re committed to making green power accessible for everyone.”

“I’m really pleased that our strategy to make green energy more competitive is delivering for our customers. We’ve been able to hold our prices partly due to improvements in our weather forecasting techniques enhancing our ability to trade renewable electricity more efficiently, and because of the investments we’ve made in developing new sources of green energy, such as our wind farm in Cornwall.

“Good Energy is proof that decentralised energy can provide the UK with resilience against price volatility caused by relying on energy imported from abroad.”

Good Energy is increasing its gas prices by 9.4%, effective from September 6th 2011. This is the first price rise since it launched its gas product in November 2008, and is due to changing market conditions.