Here at Social Energy we're always looking toward the future and know that forward thinking green homeowners are vital for the UK to reach the green targets we need to hit. As mentioned in the email sent to our customers, we've been busy working hard with Ofgem (the energy sector regulator) to officially recognise energy generated by homes on supply with Social Energy as 'green' energy - something that until now was just reserved for large generators.
We've sent an email out to all of our customers explaining the project and we're sure you're as excited as us about being a part of this very special pilot. If you do have any questions about REGO's, what they do and how they work, you can find the answers below:
- What is a REGO?
A REGO stands for ‘Renewable Energy Guarantee of Origin’, and is a certificate which proves energy generated is genuinely green. The certificates are issued by Ofgem, the industry regulator. One certificate is issued for every one megawatt hour (MWh) of electricity generated. Typically, a domestic household generates approximately 4 megawatt hour (or 4,000 kWh) or generation each year.
More information can be found here
- What is this pilot project about?
One of the challenges of the REGO scheme is that it was designed as part of lots of other certificates, which were largely for really big generation, such as offshore wind farms. This meant the scheme was super complicated, and time consuming to get registered on, which made it useless for smaller generation, such as solar PV panels on households.
Of course, this was a challenge Social Energy couldn’t try and solve! So over the past year, we’ve been working with Ofgem to make the scheme easier to use, meaning it work for much smaller generation assets at a household level. After lots of work, we’ve agreed a pilot project to make it happen!
- How does the pilot project work?
Social Energy need to be what’s called your ‘REGO Agent’ to claim the certificates on your behalf. In short, this means you give us permission to do all of the boring paperwork for you. We can then work with Ofgem to register your PV panels with the scheme, and every year, can submit a claim to Ofgem to get REGOs for your site.
- What does Social Energy do with the REGOs?
As a green energy supplier, REGOs are a way to prove that the electricity our customers use is green energy from renewable sources. We’ve got an amazing community of customers which use, generate, and share green energy with each other, but until now haven’t been able to have the certificates to prove it. So every year, we will use the certificates from the pilot scheme to officially prove our customers have been sharing energy with each other.
- Why can’t other suppliers do this?
At the moment, it’s a pilot project that Social Energy has designed with Ofgem, so the project isn’t quite ready for other suppliers to do yet. However, with over one million domestic properties in the UK with solar, we’ve designed the scheme in a way so that other suppliers can share the good news and benefit other households to.
- Why should I sign up?
As a gesture, we will plant a tree for every ten customers that sign up to the pilot trial, so you’re helping the planet! On top of that, you’re helping to prove to Ofgem, and the industry, that domestic generation is an important part of the UK energy mix.
- Is there any impact on my FIT?
Absolutely not! This is a separate scheme, and doesn’t impact you eligibility, or system in any way.
- Do I need to do anything?
It’s super simple – if we’ve emailed you about signing up, just click on the link, and then just tick the box at the bottom of the form and click accept, that’s it! We then do all of the paperwork on your behalf.