OFFSET YOUR ENERGY BILLS

 USING ENERGY CREDITS

Everyone would like to pay a smaller  energy bill and you can, by using our Energy Credits program to offset both your electricity and/or gas bills.

It's a simple and easy way to reduce energy bills

We've made it possible using energy Credits for anyone to  offset part or all of their energy bill.  Energy Credits are created from us storing off-peak priced energy  and then feeding it back into the grid at peak rates which creates an Energy Credit out of the arbitrage between the two prices.

It doesn't matter who supplies your energy, or whether you happen to live in a house, an apartment, are just renting, or are running a small business,  Energy Credits can be used to offset either or both your electricity and gas bills. 

To earn Energy Credits you simply rent $100 allocations in the stored renewable energy over a year in our energy storage program situated  on a wind or solar farm acting as a back-up power supply. The arbritration between the off-peak and peak rates proves the income.

How it works

During each  quarter the $100 of stored energy will earn you an Energy Credit of $3 during that quarter ($12 per year) when it's fed back into the grid at a higher price. To secure allocations you simply place $100 refundable deposits on each allocation. The deposits and the Energy Credits  received from your allocations are fully insured, so there's no risk in participating in the Energy Credits program.

At the end of what is  usually a 5-year contract, or earlier should you decide to relinquish some or all of your allocations before the end of the contract, your deposits are returned to you.  The deposit is simply securing the energy allocation that is going to earn you the $3 each quarter which is paid directly into your nominated energy account meaning you will have less to pay on your next quarterly bill.

The credits are paid into your nominated energy account (electricity and/or gas) on the 30th days of March, June, September and December each year.  This credit is tax-free. If you happen join the program part of the way through a quarter in that quarter only you will receive a credit proprotional to the days you have participated in the program. In the next quarter you receive the normal $6 Energy Credit per allocation.

It's going to turn out to be Free Energy

When your deposits are refunded at the end of the contract, or earlier if you had relinquished some or all of your allocations, the energy you used during the time it was being offset by the Energy Credits, is going to turn out to have been for free, because you won't actually have paid anything for it at all.  No other program can produce this result.

The amount you offset with your Energy Credits you can put towards something else or simply keep in your pocket.

How to join our Energy Credits program

The first step is to decide by how much you would initially like to reduce your energy bill by in each quarter, then you need to calculate how many lots of $3 of Energy Credits per quarter you will need to achieve that target. Each allocation entitles  you to receive the $3 credit in all four quarters. Complete an online order form via the link at the bottom of this page, lodge the necessary deposits and that's all there is to it. Your Energy Credits will then keep flowing for the 5 years or you decide to leave the program.

Flexibility

Not everyone can afford to offset their entire energy bill in one go, if this is your case it's not a problem because you can start with just one or two allocations adding some more as you go along, and if you want to exit before the 5 years are up for any reason all you need do is simply notify us you wish to relinquish the right to future allocation credits and you get your deposits back.

If you move somewhere else it doesn't matter, because your Energy Credits will follow you no matter where you move to, even if you decide to change energy retailers. You can't do that with solar panels on the roof.

Minimal Risk

We have eliminated any risk concerning the $100 refundable deposits and the Energy Credits that will flow from them, by  insuring them free of charge  protecting you against any possible loss. There's no cost to you for this insurance. A certificate with its insurance cover is issued with each allocation.

Great value

The $12 worth of Energy Credits you are going to receive each year per allocation is equivalent to a return of 12% pa on each $100 refundable deposit placed against each allocation. Each quarter you will be receiving part of this 12% in the form of the savings you make off your energy bill payments. This is a much better return than had you put the same amount of money into a bank account, and it’s also more cost effective than laying out money on intermittent solar panels we have found.

This program is run in conjunction  with Global NRG Ltd  an international WTE (Waste to Energy), renewable energy and energy storage group.

We only use Renewable energy

All the energy used in the Energy Credits program is green renewable energy contributing towards reducing CO2 and helping climate change,  and will be offsetting the CO2 from any coal-fired power you buy off the grid.

More free Energy Credits rewards soon from shopping

We are in the process of developing an Energy Credits rewards program around Energy Credits, whereby you will  be able to earn additional free Energy Credits simply by supporting select merchants, products and services making it even easier and more cost-effective to offset your energy bills. See www.nrgcredits.com/claim.html  You can join the NRG Credits rewards program at www.nrgcredits.com Membership is free.

FAQ   TERMS

The more allocations you own the less you will need to  pay on your next energy bill.

Number of allocations rented

1

5

10

15

20

25

30

Refundable deposit required

$100

$500

$1,000

$1,500

$2,000

$2,500

$3,000

Annual Energy Credits paid into nominated energy account

$12

$60

$120

$180

$240

$300

$360

Need more info? In Australia call us on 0431 975 915 or email   admin@nrgcredits.com