Sunday, August 9, 2020

Councils launch not-for-profit Fosse Energy supply company

Councils in Leicester and Leicestershire have set up a not-for-profit company to sell  green energy at prices it claims will offer some of the cheapest gas and electricity on the market.

Set up by the city and county councils, Fosse Energy aims to tackle fuel poverty by offering competitively-priced energy to domestic customers and by encouraging people to switch from other suppliers.

Fosse Energy’s tariffs will be available to anyone living in the city, the county and the wider East Midlands who wants to buy green energy from a not-for-profit organisation.

Deputy city mayor Cllr Adam Clarke said: “We’re committed to tackling fuel poverty in the city and helping those least able to pay their energy bills.

“We know that around 10% of households experience fuel poverty, and we know that many people pay over the odds for their energy – especially those on pre-payment meters.

“What Fosse Energy will do is to give people the option of buying their gas and electricity from a publicly-owned company that has no shareholders to please – which means its tariffs will always be among the cheapest on the market and will offer a very competitive alternative to the big six energy companies.

“By teaming up with an established energy supplier, we will be able to provide a tried and tested service that’s backed up by a dedicated customer service team – so anyone thinking of switching will be able to do so with confidence.”

The two councils have appointed Robin Hood Energy as Fosse Energy’s gas and electricity supply partner.

Wholly-owned by Nottingham City Council and consistently one of the cheapest suppliers in the East Midlands, Robin Hood Energy will provide both the infrastructure and the full range of customer services to Fosse Energy.

Customers will be able to choose from four tariff options – with 100% renewable electricity provided in each case.

Deputy leader of Leicestershire County Council Cllr Byron Rhodes said: “One of our top priorities is to improve the quality of life for people living in Leicester and Leicestershire. Fosse Energy will contribute to that by offering low-cost tariffs.

“We want to ensure people in our communities can easily heat their homes using a sustainable source that’s affordable. That’s why we’ve ensured Fosse Energy offers renewable electricity across the board.

“We are very excited to be launching Fosse Energy which we hope will make a big cost saving to households.”

A message from the Editor:

Thank you for reading this story on our news site - please take a moment to read this important message:

As you know, our aim is to bring you, the reader, an editorially led news site and magazine but journalism costs money and we rely on advertising, print and digital revenues to help to support them.

With the Covid-19 lockdown having a major impact on our industry as a whole, the advertising revenues we normally receive, which helps us cover the cost of our journalists and this website, have been drastically affected.

As such we need your help. If you can support our news sites/magazines with either a small donation of even £1, or a subscription to our magazine, which costs just £33.60 per year, (inc p&P and mailed direct to your door) your generosity will help us weather the storm and continue in our quest to deliver quality journalism.

As a subscriber, you will have unlimited access to our web site and magazine. You'll also be offered VIP invitations to our events, preferential rates to all our awards and get access to exclusive newsletters and content.

Just click here to subscribe and in the meantime may I wish you the very best.






Latest news

Rowley Turton shortlisted at national awards for three years running

Leicester based Chartered Financial Planners, Rowley Turton, have been recognised as one of the UK’s best financial advisers by being shortlisted for ‘Financial Adviser...

Developers acquire key Nottingham city centre sites

Developers Peveril Securities and Sladen Estates, the team behind the landmark Unity Square scheme in Nottingham, have acquired a number of key buildings in...

Simple Marketing Consultancy celebrates 10 years in business

Simple Marketing Consultancy (SMC), the Nottingham-headquartered marketing services specialist, has recently celebrated its 10th anniversary. Founded on 10 August 2010 CIM qualified Chartered Marketer Bev...

How Salesforce Administrator Certification can help you get a better job?

A Salesforce Admin is a skilled professional who works with stakeholders to help them tailor the Salesforce platform's apps in accordance with their business...

Reunite at the 2020 East Midlands Bricks Awards

Presenting the ideal forum to celebrate success and establish new contacts, within a safe and secure environment, this year’s highly anticipated East Midlands Bricks...

Related news

Works set to commence in August for redevelopment of Skegness Industrial Estate

Midlands-contractor G F Tomlinson is due to start highway infrastructure works this August as part of the £2.4million re-development of a mixed-use business park site in...

Rowley Turton shortlisted at national awards for three years running

Leicester based Chartered Financial Planners, Rowley Turton, have been recognised as one of the UK’s best financial advisers by being shortlisted for ‘Financial Adviser...

Developers acquire key Nottingham city centre sites

Developers Peveril Securities and Sladen Estates, the team behind the landmark Unity Square scheme in Nottingham, have acquired a number of key buildings in...

Simple Marketing Consultancy celebrates 10 years in business

Simple Marketing Consultancy (SMC), the Nottingham-headquartered marketing services specialist, has recently celebrated its 10th anniversary. Founded on 10 August 2010 CIM qualified Chartered Marketer Bev...

By continuing to use the site, you agree to the use of cookies. more information

The cookie settings on this website are set to "allow cookies" to give you the best browsing experience possible. If you continue to use this website without changing your cookie settings or you click "Accept" below then you are consenting to this.

Close