GreenPower is all about investing in new renewable projects. For it to be eligible for GreenPower, your power company has to buy energy from a renewable generator built after 1997.
But some of the renewable energy we buy is from our parent company Hydro Tasmania – and their generators have been operating for more than a hundred years, which means the energy we buy from them doesn’t count as GreenPower.
So we made a renewable promise instead – if your plan has it, we match your usage with an equivalent amount of renewable energy generated by Hydro Tasmania or another renewable generator. An external agency audits our renewable promise every year. Their most recent audit is here.
Another key difference between GreenPower and our renewable promise is that GreenPower allows your home or business to formally claim that some, or all (depending on the percentage you choose to buy) of your electricity has been offset with renewables.