Why do businesses need to buy green energy?
Buying green energy helps companies meet global environmental policies and comply with customer sustainability demands. Many brands require their suppliers to reduce carbon emissions, with the ultimate goal of 100% green power usage (RE100). It also boosts competitiveness, enhances corporate sustainability, and reduces carbon tax burdens, offering both economic benefits and social responsibility advantages.
With so many retailing electricity providers, why choose your Xingwang Energy?
As a professional electricity retailer, we're backed by a dedicated green power trading team with expertise in energy management and vertical integration services. With strong capital from the semiconductor industry and nearly unlimited green energy demand, we ensure instant power transfer to corporate clients upon process completion. We offer competitive purchase rates and utilize bank trusts to provide risk-free solutions that maximize solar plant revenue—all while supporting businesses in meeting their sustainability goals.
How does green energy work, and how is it calculated?
Green power is generated by renewable energy plants and distributed to users via Taipower’s grid. Electricity is matched between generation and consumption every 15 minutes, with unmatched power reassigned monthly based on peak or off-peak demand. Billing is calculated using total matched electricity × (agreed rate + related fees), and green energy providers will issue invoices separately.
How do companies buy green energy, and how long does it take?
Businesses sign a Corporate Power Purchase Agreement (CPPA) with our retail energy of branch (XingWang Energy), who will allocates and transfers suitable electricity from power plants and make all paperworks completed around three months, depending on contract complexity and regulatory approvals.
Is green energy billed together with Taipower electricity?
No, green electricity bills are issued separately. Rates are based on contract terms, and actual matched electricity is calculated using Taipower’s energy transfer formula. The final bill is determined by actual green electricity usage × (green energy rate + transfer fees).
Why is a smart meter required?
Smart meters accurately track electricity generation and consumption, ensuring proper matching for billing. Only businesses using time-of-use pricing can apply for smart meters with Taipower, so switching to time-based electricity pricing is required to enable green power tracking.
What is a Renewable Energy Certificate (T-REC)?
A T-REC is an official certificate issued by the National Renewable Energy Certificate Center. Every 1,000 kWh of generated power creates one certificate. Taiwan follows the electricity-certificate integration model, meaning businesses buying green power receive matching T-REC certificates to offset carbon emissions and meet green procurement commitments.
What are the benefits of selling green power to your company instead of Taipower?
Taipower’s feed-in tariff does not account for environmental value, whereas selling through us maximizes revenue by transferring green electricity to companies committed to renewable energy. This adds value through T-REC certificates, securing higher purchase rates while supporting green energy market growth—a win-win for all.
Will there be a revenue gap when switching from feed-in tariffs to direct supply?
No. While waiting for the transfer process to complete, Taipower continues to buy electricity at its standard feed-in tariff. Once the old contract terminated, a new Surplus Power Purchase Agreement will initial at the same time, ensures Taipower guarantees leftover electricity purchases, preventing any interruptions in income.
How long are green power contracts typically signed for?
Contracts usually last 3 to 10 years, but duration can be adjusted based on supplier capacity and market demand. This ensures stable energy supply and revenue while allowing flexibility for policy changes and price fluctuations, creating a balanced long-term partnership.