The Little Green Energy Company has been granted provisional permission to generate and supply electricity to island homes and businesses.
Its application to the Guernsey Competition & Regulatory Authority has been approved, pending any objections that are lodged against it.
Customers would generate renewable electricity from solar panels on their homes and commercial premises, before buying the power back from The Little Green Energy Company at a rate that is yet to be announced.
Pictured: The Little Green Energy Company has supplied and installed around 500 kWh of battery storage systems since 2013.
The Little Green Energy Company has been operating in the Bailiwick for eight years and has supplied and/or installed over one megawatt of solar photovoltaic (PV) systems across the Bailiwick.
"Islanders are very interested in environmentally friendly options when it comes to their consumption of energy," said CEO Bob Beebe.
"It’s a very important provisional decision and one that helps secure a sustainable, green future for our islands. This decision provides choice for consumers across the energy market and means that customers can enjoy the benefits of the latest renewable technology, continuing to push innovation forward in the energy sector in Guernsey."
Pictured: Bob Beebe said the company had contributed towards the development of the States of Guernsey's Energy Policy (Credit: Evoke Corporate Photography).
The PV systems can be used to store renewable electricity generated by the sun during daylight hours that can be released at peak times and through the night. They can also be used to charge electric vehicles and bicycles.
"By using innovative measures to improve energy consumption, and by providing electricity generation through renewable resources, the solar PV and Tesla Powerwall battery systems we install are environmentally good news for our island," said Mr Beebe.
The deadline for written representations against the GCRA's proposed decision is 16:00 on Friday 9 July.
If the regulator's provisional decision stands, it will take effect just one week later, from Friday 16 July.
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