100% Green energy?

How are costs rising if Bulb are saying their energy is 100% renewable?

Surely costs should be reducing

Hey @Laneman Welcome to our community,

At the moment, there is only one price for gas or electricity in the UK. There aren’t separate markets for green and non-green energy sources. Unfortunately, the UK is still dependent on gas-fired power plants for a significant chunk of electricity generation. So, when the cost of electricity produced by burning gas goes up, so does the cost of electricity from wind, solar and all other green sources.

Hope this helps. If you wanted to read more about our price please feel free to visit our Blog

–Carl :bulb:

This could be explained better in the communication about increasing prices as this is the most obvious question for those who chose Bulb for environmental reasons.

What can be done to separate these markets? If green energy became cheaper than non-green energy more users would certainly switch which would then increase investment in green energy sources and bring prices down further (from where they are now).

Also, are you going to be increasing the Smart Export Guarantee rate, surely the 100% green energy I put into the grid is now worth more too?

Hi @colingandrews and welcome to the community :wave:

We’re monitoring wholesale prices closely, including what that means for our export payments. We’ll be in touch with any changes via email.

– Robyn :bulb: