The Big Deal creates cheapest green energy tariff

The Big Deal has launched the cheapest dual fuel tariff with 100 per cent renewable electricity on the market.

The latest collective switch tariff with LoCO2 Energy costs participants just £824 per year – a saving of £239 from a big six standard variable tariff.

LoCO2 Energy will reinvest some of the money made from this tariff in new renewable energy projects, including small-scale hydroelectric plants through their sister company TLS Hydro.

The Big Deal co-founder Will Hodson said: “This deal is proof that people power works. The collective bargaining power of over 200,000 Big Deal members helped us negotiate the best green energy deal on the market.

“Not only that, but this is a green energy deal – with 100 per cent renewable electricity. So consumers can help the planet while cutting their energy bills. A win-win!”

The company added that the deal comes as the government approves a new nuclear reactor at Hinkley Point, despite renewable technologies such as solar power being “significantly cheaper”.

In October last year The Big Deal, in partnership with campaign group 38 Degrees, carried out the largest ever mass consumer switch to green energy of 10,000 households. The customers who took part saved a total of £1.3 million on their bills.