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E.ON is an international, privately owned energy supplier with around 43,000 employees.
What happened?
The energy supplier has announced that it will provide its 3.3 million UK customers with electricity sourced only from renewables.
The company says around half of all the electricity going into homes signed up with E.ON will be generated by its own wind farms, biomass plants, and solar projects or via direct agreements with independent renewable generators.
The rest will be from traditional sources, such as gas and coal-fired power stations, but will be offset by E.ON buying Renewable Energy Certificates, which guarantee the equivalent amount of renewable electricity was generated to the amount supplied.
Why It Matters
E.ON UK is one of the largest renewable energy generators in the country.
“First of all, this is what customers want,” says Michael Lewis, chief executive of E.ON UK. “But we also want to send a signal to the wholesale market that we want to drive uptake of renewable energy.”
He said the switch is “an investment in our customer relationship”, which would also help “drive the market” for clean energy.
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