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I still don't understand why REGOs are so bad, can someone try to explain?

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  • BUFF
    BUFF Posts: 2,185 Forumite
    Part of the Furniture 1,000 Posts Photogenic Name Dropper
    Qyburn said:
    Irrespective of all this no supplier is actually supplying "greener" energy than any other.
    100Green's (was GEUK & 1 of the 3 suppliers exempt from the price caps) state that their gas requirement is purchased/supplied purely by anaerobic digestion sources & they buy 100%  of their electricity requirement by renewable electricity via PPAs.
    Their stated fuel mix is 100% renewable https://www.greenenergyuk.com/our-energy

    https://www.which.co.uk/news/article/which-eco-provider-energy-companies-revealed-for-2022-asQEp6s6jxrg


  • Qyburn
    Qyburn Posts: 3,617 Forumite
    Fifth Anniversary 1,000 Posts Name Dropper
    BUFF said:

    100Green's (was GEUK & 1 of the 3 suppliers exempt from the price caps) state that their gas requirement is purchased/supplied purely by anaerobic digestion sources & they buy 100%  of their electricity requirement by renewable electricity via PPAs.
    "Buying", yes but still supplying the same mix as everyone else. And if they went out of business, or stopped doing so then all that would happen is that other suppliers would be purchasing a little less renewable.
  • barker77
    barker77 Posts: 309 Forumite
    Part of the Furniture 100 Posts Name Dropper
    Some of these comments don’t seem to be factoring in that PPA does result in more renewable generation being built. I think that’s the difference. Sure it’s probably not loads in the grand scheme but feels like the right thing to do? 
  • Bigphil1474
    Bigphil1474 Posts: 3,565 Forumite
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    I don't know anyone who chooses their energy provider based on green credentials. I might choose a greener energy supplier if the price is the same as any other, but always go for the cheapest tariff. Whenever I have discussed this topic with friends or family, they are the same. Green is great unless it costs more. TBH, I don't really give a toss where my energy comes from, as long as it's affordable. I'm not poor - we pay roughly 3% of our disposable income on energy.
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