We offer an entirely new way of producing and consuming electricity for households, small and large businesses.
We will allow households and businesses who do not have the necessary property to install roof top photovoltaics, to be able to produce their own 100% renewable electricity. Families living in apartments or businesses heavily shaded by trees will now be able to become part of a cooperative which renders the need for roof top systems unnecessary.
In late 2019, we started on our journey to revolutionise the opportunities households and businesses have to produce their own 100% renewable electricity. Today, we offer our customers the ability to supply their home or business with renewable electricity, with no need to modify their home or premises in any way.
No one signing up to collective energy will ever have to install photovoltaics or small wind turbines on their roofs. Instead, we group like-minded customers together from all over the UK and place them in a community with around 1,000 other Collective Energy customers. This community will purchase its own grid scale wind turbine, producing enough electricity to power all 1,000 homes or businesses.
Once you have invested into Collective Energy and have been allocated into a community, you will never have another electricity bill or standing charge.
Each household will be allocated 4,500 Kwh per annum, and assuming you do not use more than this you will never have another bill for at least the next 25 years. Given that the average home in the UK uses 3,700 Kwh per annum, we are confident that most of our customers will be able to reduce their monthly electricity bills to zero.
Business customers’ needs will be met with tailored packages, ensuring we are offering them the most cost-effective service possible.
For the minority of consumers who do use slightly more, do not worry. Our unit price for customers who use more than their inclusive KWh is just £0.10, over 40% lower than the UK average.