We all leave a footprint behind. And we all strive to reduce this footprint as much as we can.
For businesses, this can be done by offsetting and reducing carbon emissions. Businesses that offset their total footprint wear the badge of carbon neutrality.
Never mind the buzzwords
While people believe carbon neutrality is interchangeable with the terms zero emissions, 100% renewable and green power. That’s not quite the case.
Let’s take a look at why.
Carbon neutral businesses offset their footprint by purchasing Large Generation Certificates (LGCs). LGCs are created when large-scale renewable generators make energy. These certificates are usually attributed to projects, ranging from reforestation to renewable energy generation in both Australia and around the world.
Another way to offset their footprint is by purchasing Australian Carbon Credit Units (ACCUs).
This is where we see a difference between buying renewable power and sourcing energy from renewable generators.
Businesses only become 100% renewable when they buy enough LGCs to cover their entire energy use. .
Flow Power is GreenPower® accredited. This means we can ensure businesses are sourcing 100% renewable energy. This is done through our Virtual Generation Agreements (VGAs), which connect businesses with generation from large-scale renewable plants.
How can businesses get onboard?
For businesses with sustainability targets, VGAs (also known as Power Purchase Agreements) can help meet goals without compromising on cost. VGA customers can choose to buy additional LGCs to green their power.
Accessing renewables this way can also mean lower energy costs for your business. Since the beginning of 2018, businesses on VGAs have saved $15.4m collectively.
To unlock these savings and understand how a VGA can work for your business talk to one of our experts