Partnering with Meridian on Certified Renewable Energy
“The energy we use, and the majority of what NZ uses, comes directly from the national grid, which is made up of all generation. However, over the past few years we’ve been strategically moving to a retailer that generates from 100% renewable sources only – wind, water and sun. We now match the amount of electricity that One NZ directly purchases with an equivalent amount of renewable electricity put into the national grid.
The New Zealand Energy Certificate System (NZECS) issues Renewable Energy Certificates (RECs) to Meridian for the amount of renewable energy generated by Meridian’s certified hydro stations and wind farms. These RECs are then allocated to customers like One NZ based on the amount of electricity used for the period that Certified Renewable Energy is purchased for.”