How much does GreenPower cost?

GreenPower is an investment in the Australian renewable energy industry. It costs a little bit more so that your footprint is a lot less.

 

When you sign up to GreenPower, your GreenPower Provider (retailer) buys accredited renewable electricity certificates on your behalf. To make sure there’s no double counting of that renewable energy, your Provider must retire the renewable electricity certificates to the Clean Energy Regulator.

 

Buying GreenPower Accredited renewable electricity may cost a little more than standard grid electricity or carbon neutral electricity. This is because your GreenPower Provider purchases and retires renewable electricity certificates, known as Large-scale Generation Certificates (LGCs), from GreenPower accredited generators on your behalf. GreenPower independently audits these.

Woman holding a small plant in her hands

Costs of GreenPower

To find out how much GreenPower will cost you, check our list of GreenPower Providers and contact them for their best offer.

An estimate of the cost of 100% GreenPower is around 4 to 8 cents per kWh on top of your current electricity rate. Lower percentage GreenPower products will typically cost the equivalent fraction of this rate e.g. 50% GreenPower will cost around 2-4 cents per kWh or half the rate of 100% GreenPower.

To work out what this will cost you, take your daily, average electricity usage (explained in How do I calculate my electricity usage?) and multiply it by 5 cents.

An average household might find this is about 1 dollar a day.

Investing in the future

Money from the sale of GreenPower goes back to GreenPower electricity Generators and Providers and supports the growth of the renewable energy sector.

For households and small businesses looking to shop around to find the most suitable GreenPower option, the Australian Energy Regulator has created an energy price comparison website www.energymadeeasy.gov.au to assist in comparing electricity offers between different retailers. The price comparison feature of the Energy Made Easy website is only available in states and territories where the National Energy Retail Law has commenced (ACT, NSW, QLD, SA and TAS). Customers who live in Victoria can use Victorian Energy Compare, the independent Victorian Government energy price comparison site. Customers who live in other states or territories not covered by Energy Made Easy or Victorian Energy Compare may be able to access other energy price comparison websites in their respective jurisdiction.