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
|