Ecotricity offers just one plan each for gas and electricity, and uses the money from customers' energy bills to build and maintain renewable energy sources, develop energy storage and expand its electric vehicle charging network.
Ecotricity also offers its "Frack-Free Guarantee." Fracking is the term used for hydraulic fracturing, the controversial method of drilling into the Earth to pump in chemicals and water to release gasses trapped in the rock. The gas is collected and used to produce energy.
Ecotricity instead produces gas through "grass-fed green gasmills".
Ecotricity was granted a permanent exemption from the price cap because it goes above and beyond when it comes to generating and supplying renewable energy to customers. This means that it can charge more than the price cap unit rate on its SVT as long as customers have actively chosen to be on it.
Like most UK energy suppliers, Ecotricity's prices are subject to Ofgem's energy price cap, which sets the maximum rate suppliers can charge for their standard variable or default tariffs.
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