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.
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.
GreenPower is a voluntary scheme that allows businesses and individuals to increase demand for renewable energy in Australia. The extra 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).
Simply log into your online account, head to ‘Settings’ and then ‘GreenPower’. You’ll see the option to choose a range of GreenPower cover from none to 100%. Choose the percentage of cover you want and then click ‘Save changes’.
You will then be charged your nominated level of GreenPower at your next Powershop bill.