Our new industry-leading product1 – Renewable Energy Contracting Options (RECO) – enables your business to meet its renewable energy goals simply and flexibly online in a matter of minutes.
RECO effectively allows Shell Energy customers to progressively purchase renewable energy. Given the way the electricity market operates, it is generally not possible to physically buy electricity from renewable sources. When you make a RECO purchase through our online Shell Energy Portal, Shell Energy buys Large-scale generation certificates, or LGCs, from accredited renewable generators and then surrenders them on your behalf.
RECO purchases are an addition to the mandatory renewable power percentage (or RPP) under the Renewable Energy Target (RET) scheme already part of your Retail Electricity Agreement.
Take the complexity out of accessing renewable energy options with RECO. Make your RECO purchases online in just 5 easy steps.
Make, adjust and track RECO purchases in line with specific electricity contract requirements, business needs and targets.
Progressive purchasing and access to quality data means you can take advantage of price movements and reduce timing and volume risk.
Track progress against your renewable energy targets and generate reports at the touch of a button with RECO's easy to navigate dashboard.
When you make a RECO purchase, Shell Energy will acquire and surrender Large-scale Generation Certificates, or LGCs, matching the agreed percentage of your electricity consumption. RECO is accessible through the online Shell Energy Portal and can be customised to align with your business needs and renewable energy targets and requirements. Within RECO, you can also make purchases linked to specific renewable energy generators.
RECO provides a simple and flexible 5-step solution that can help your business meet its renewable energy targets in just minutes.
Arrange a demo or chat with our team to find out more about this simple and flexible online solution.
Discover how our expert Energy Solutions team can help your business incorporate renewable energy into your portfolio through on-site renewable energy projects and renewable energy certificate generation.
Please note that RECO is available to commercial and industrial electricity customers only.
IMPORTANT INFORMATION
1 Verified by independent research company NTF Group in May 2024.
^ Utility Market Intelligence (UMI) survey of large commercial and industrial electricity customers of major electricity retailers, including Shell Energy by independent research company NTF Group in 2011-2023.
