Our GreenPower premium is 8.5c/kWh inc. GST – we review this a couple of times a year to make sure it’s properly reflecting the current market price for Renewable Energy Certificates (RECs).
You will always be able to find our GreenPower premium listed on our Help Site.
Powershop is the only Australian retailer that lets you purchase as much or as little GreenPower as you like. You’re in control and can choose to purchase more or less GreenPower whenever you wish.
Simply choose any GreenPower pack in the Shop and purchase as much or as little as you like. The info underneath the pack will tell you how much GreenPower is included in your pack at time of purchase.
GreenPower is a voluntary scheme that allows businesses and individuals to increase demand for renewable energy in Australia. The associated cost is to retire the Renewable Energy Certificates (RECs) that would otherwise be sold onto the market in order for retailers to meet their obligations in relation to the Renewable Energy Target (RET).
Find this all confusing? Don’t worry, you’re not alone! Check out our info on GreenPower.
GreenPower does not have a set cost. Instead, the cost varies based on market pricing and the recommended retail rates from GreenPower. Retailers may, on occasion, charge varying rates for GreenPower for a number of reasons. We believe our GreenPower prices are always competitive.
No. When you switch you are automatically put on to the standard offer, which is 100% carbon offset. However, should you wish to further support renewable energy projects in Australia, you can choose to purchase GreenPower. GreenPower purchases send a signal to the market that demonstrates demand for renewable energy. If all households in Australia bought GreenPower this would lead to 50% of the power in the National Electricity Market (NEM) being generated by renewable sources. You can find more information on GreenPower here.
GreenPower is a national scheme to encourage greater investment in renewable energy. To learn more about GreenPower and Powershop, visit our Renewables page.