E.ON Switches All U.K. Customers to Renewable Tariffs
July 09 2019 - 5:44AM
Dow Jones News
By Nathan Allen
E.ON SE (EOAN.XE) said Tuesday that it will provide U.K.
customers with renewable electricity across all its tariffs without
increasing charges.
The German utility said it will supply a large proportion of the
power through its own renewable-generation capacity and purchase
agreements with independent wind generators.
Where E.ON can't directly supply renewable power, the company
plans to match the amount supplied through non-renewable sources
with guarantee certificates. The certificates, issued by solar,
wind or biomass producers, ensure an equivalent amount of renewable
electricity is produced.
"Climate change is the defining issue of our era, and one that
energy customers are increasingly concerned about," said E.ON UK's
Chief Executive Michael Lewis.
Write to Nathan Allen at nathan.allen@dowjones.com
(END) Dow Jones Newswires
July 09, 2019 05:29 ET (09:29 GMT)
Copyright (c) 2019 Dow Jones & Company, Inc.
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