How Squeaky Works Clean energy doesn’t have to cost more 9th June
Old assumptions die hard. It is a difficult-to-shake myth that clean energy is more expensive than fossil fuel-fired dirty energy. But it is just that, a myth. There is no reason that clean energy should cost more than dirty energy. Why should it? For a start there are no input costs, no one has to pay the wind to blow or the sun to shine.
Living in Past…
It is true that back in the early days of renewable energy production, prices were higher, mainly because of the costs of building the generators themselves. But the reality is the price of renewable energy has been falling for years . It is no longer a niche activity; the technology is well established. There is absolutely no justification for charging a premium for clean energy, as many suppliers do.
As more people start to buy clean energy, more infrastructure will be built, bringing the price down further. It’s also worth noting that clean energy is not subject to the same price fluctuations that affect the wholesale market for dirty energy.
Squeaky is an energy supplier yes, but not in the way the Big 6 are energy suppliers…
It would be more accurate to call us a platform. We provide a way to link one type of growing business (energy buyers) with another type of growing business (renewable energy generators). It’s a peer-to-peer arrangement that we facilitate and underpin by providing both parties with safeguards.
What Squeaky customers are actually doing is going straight to the source and cutting out the middleman. The Squeaky platform allows customers to buy directly from generators at prices that are effectively wholesale, rather than at retail prices from a big brand name energy company, often with the added cost of a broker. We provide the framework that makes the process safe and easy for everyone – buyers and generators alike.
Above everything else we are a technology company; one with a low cost base. That gives us an advantage over the Big 6. We do not have to drag around antiquated legacy systems, bloated costs or inflated executive salaries. This allows us to be nimble, responsive and transparent.