Green Star Energy
Green Star Energy is a thriving division of Shell Energy UK responsible for distributing business gas and electricity. There are multiple tariffs in place so that each business can decide what is best for them, depending on their size, and a guarantee that all of the energy is renewable and therefore beneficial for the environment. This is shown by figures which indicate that in comparison to the average fuel mix of the UK, which is only 38% renewable, Green Star Energy offers 100% renewable energy.
Green Star Energy
Who Do Green Star Energy Support?
According to Green Star Energy, small businesses as classed as those that spend less than £50,000 a year on business energy. The plan encouraged for these companies is the fixed price plan, which can be organised for up to 3 years, and includes utterly renewable energy just like any other plan. The fixed price plan is termed this way because the unit rate in kWh is fixed, indicating that it stays the same for the entirety of the contract, and there are no fluctuations due to the market price of the energy. This is advantageous because there are no surprises when the electricity and gas bills are issued.
After all, if you use roughly the same amount of energy each month, the bill will stay around the same price. As newly developing businesses must focus on keeping their extra expenses low and instead maximise their profits to grow, this price plan is ideal.
Conversely, large businesses have higher demands to upkeep their company, like more appliances to plug in and more offices to light up. Consequently, they spend more than £50,000 a year on energy bills and may benefit from a different price plan.
Green Star Energy recommend the pass-through tariff, whereby the commodities like electricity price are fixed, and non-commodities which on average are over half of the energy bills, can be chosen to pass through without premium costs. Like every plan, there is a promise of fully renewable energy so that company directors can show their customers they are eco-friendly and sustainable, proving that they are reputable.
Flexible Purchasing Products
Some businesses, much larger than the standard business size, can spend over £1 million on energy bills. They may not benefit solely from the previous tariffs and may profit from further assistance. Accordingly, Green Star Energy offers two flexible purchasing products to their clients with different levels of risk.
Firstly, the flex shape product can be offered in 1, 3 and 4 monthly seasonal blocks, whereby electricity is bought for this period according to figures on how much your business usually uses. The fee is based on the standard consumption of the company. On the other hand, the block and index product combined the fixed and flexible fees, depending on market prices, where the energy is bought in blocks.
Green Star Energy states that all of their energy is entirely renewable, denoting that their resources to create their electricity and gas are replenishable. The process is sustainable; no carbon dioxide is emitted. The main types of power they use are wind power, which converts kinetic energy from the breeze into electricity through turbines; solar power converts sunlight by photovoltaic cells. Hydropower that captures water, usually from dams, and biomass takes organic matter and combusts it into gases.
Green Star Energy has obtained the Renewable Gas Guarantee Origin, which is acquired when the supplier company send green gas to the national grid and, as a result, receive this written confirmation.
Warm Home Scheme
Green Star Energy is involved in the warm home scheme, which the UK government implemented to respond to high electricity prices, which the elderly and low-income families struggle to afford. The scheme discounts £140 from the energy bills of the people who are involved, in a bid to assist them in affording their energy bills when they are put at a disadvantage. This sum is paid to the energy supplier company, in this case, Green Star Energy as a part of Shell Energy, as long as the affected parties receive pension credit or are in a low-income household. As a result, the scheme encourages those less fortunate to become customers, creating a diverse customer base and proving that the supplier truly cares for their clients.
Green Star Energy – To Conclude
In conclusion, Green Star Energy aims to provide low-cost electricity and gas to all customers, encouraging them to benefit from its renewable resources. They cater to businesses of all sizes, offering different solutions based on energy consumption and individual preferences.
Find out more about switching business energy providers here.
Other useful links about Business Energy
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