NEWS COMMENTARY

First Utility becomes Shell Energy, offering 100% renewable energy and smart home energy solutions

Published:
March 25, 2019
Coverage:
Owning the Energy Transition More...
Activities:
Strategy
Very important

When Shell finalized the acquisition of electricity and gas supplier First Utility back in early 2018, First Utility's share of renewable energy was around 3.7% of its total electricity fuel mix. From now on, Shell Energy's customers will get 100% renewable electricity from wind, solar, and biomass sources. Customers will also receive a 3% discount on up to 60 L of fuel per month at Shell stations. Shell's offerings also include broadband connectivity, which can power the smart home offerings the company plans to launch this year, starting with smart thermostats and EV chargers and following with Sonnen's residential energy storage. Shell is putting all the pieces together to become a one-stop shop for residential services in the U.K.

For the original news article, click here .


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