Pure Planet unveils new tariffs

App-based energy supplier Pure Planet is to introduce new tariffs for its customers after only offering a single variable tariff up until now.

Writing in a blog, Steven Day, co-founder of the challenger supplier, said the retailer will offer a fixed rate tariff to its customers from next month.

Day added that more planned tariffs will include one for electric vehicle (EV) drivers and a smart tariff allowing customers to trade electricity back to the grid and enjoy cheaper rates when renewable generation is high.

The fixed rate tariff will go live in June and is available for new customers to sign up to this month.

Speaking about the new offerings, Day said: “Electric vehicles are the present, not just the future, as diesel and petrol vehicle sales dry up and we move to a low carbon, low pollution transport system.

“And then expect smart tariff innovations. You’ll enjoy the benefits of cheaper rates during times of high renewable generation. If you have your own generation at home, like solar panels on your roof coupled to a battery, perhaps, or even just a battery — you’ll be able to trade power back and forth with the grid — meaning even cheaper rates for you.

“A responsive, smart grid is also what the country is aiming for as we move ever more towards renewables. Being able to buy and sell electricity to and from people’s batteries at home will be key to managing supply and demand across the whole network.

“These are exciting times. And we’re going to play our part by offering our members a choice of products, a choice of tariffs, and a choice of prices as we move into this dynamic, green, electric world.”

Utility Week recently interviewed all three Pure Planet founders, you can read it here.