500 UK Companies Get Country's First Energy Labels

Renewable energy supplier SmartestEnergy issued 500 companies in the U.K. with the country's first energy labels specifying the source and carbon content of the clean electricity they buy, the company announced Monday.

The labels will trace every megawatt that businesses use to the source of its origin and allow them to report the exact carbon footprint of the power they use, SmartestEnergy said.

The company hopes that the labels will increase transparency and "boost the renewables industry and provide increased confidence to business consumers."

The labels will also help determine which companies are "contributing towards meeting U.K. climate targets," according to the company.

The U.K. is committed to reducing emissions by at least 80 percent by 2050 from 1990 levels.

SmartestEnergy CEO Robert Groves revealed that the idea came to them after customers called for transparency on renewables.

"We call on other suppliers to provide the same level of clarity that we give our customers to help drive the renewables market and enable businesses to buy clean energy with confidence,” Groves said.

(Anadolu Agency)

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