Top factors that affect green stock purchase
What is green energy?
The energy coming from innate origins, like water, sun, and wind. Electricity can be used by putting this power to use that comes from these sources. Energy service companies hold great importance in modern life.
Green energy stock:
Changing to a green energy supplier has never been the easiest, as in the UK there are many choices than ever that provide 100% green electricity. Most of the Big Six energy companies – British Gas, EDF Energy, E.ON, Npower, Scottish Power, and SSE offer this already.
The best green supplier at this moment in the UK is Bulb that provides 100% green electricity and 10% green gas. Bulb meets the cheapest end of the UK energy market. Apart from Bulb, Octopus Energy is also setting its turn high in the UK energy market. Customer satisfaction rated at 5 stars which is a big turn up for Octopus energy.
Factors affecting Green Purchase:
Buying power affects every aspect of economics that green energy service companies can see. A few of them are as follow:
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Not providing environmentally-friendly products:
60% or more customers would choose products from companies that provide Environmental friendly products with good services. Apparently, it will not benefit the investor if the products don’t fully cover, buyer’s needs.
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Not so well customer care:
Customer care is an essential part of any business, which works in satisfying customers. As proper customer care can make a very perfect image which would help in the business growth but if there’s no such special care, the attention of customers may divert to other companies. Energy helplines have great customer care. You can read the reviews about Energy Helpine.
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Product Corruption:
This is also one of the practices done by marketers to gain an audience while they don’t provide natural. Products instead it’s a low-standard material which is a total failure.
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Unfair Pricing:
Another one of the many factors which lead to the downfall of the purchase market is unfair pricing which loses customer attention and interest. Black marketing makes the product less valuable.
Market share of green stock:
As environmental issues are at their highest peak, Green business is rapidly growing in the UK and is becoming a significant industry. In the past years, the green business has appreciated impressive growth, with rising figures between 2009 and 2012.
Trade body Renewable UK estimates the industry directly employs 18,000 full-time staff – a 74 percent increase from 2010. With more than £29 billion of investment planned for the sector, green businesses look set to help power the UK economy.
The three green energy companies on the top of the UK stock market are as follows:
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The good energy group:
The Green Energy Group is a 100 percent renewable electricity provider, making the company on the very latest news. Founded in 1999, the company took climate change issues on the note and started investing in green energy.
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Eqtec:
Another of the leading companies include Eqtec, completed their very first contract with transports Metropolitans de Barcelona. They are specialists in taking what we think of as waste and turning it into energy.
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PVCS:
The company PVCs has gained super success as they are still keeping their stock prices low. They are producing solar technology that we all need to transition to and utilize. PVCs shows complete signs of future success