Robin Hood Energy takes aim at the "Big Six"
Nottingham City Council has launched a local authority-owned not-for-profit energy supply company – Robin Hood Energy.
As a fully licensed national energy supplier, the company will offer tariffs to customers in England, Wales and Scotland and source energy directly from the National Grid.
The arms-length organisation bringing together a team of energy industry experts and service providers who have experience in creating and running energy companies
Nottingham City residents can take advantage of a unique ‘Nottingham tariff’, which is only available to customers in the City of Nottingham.
It is one of Robin Hood Energy’s three core tariffs, which are:
- Evergreen (standard variable)
- Prime (one year fixed-term)
- Nottingham (for Nottingham city residents only).
Cllr Alan Clark, Nottingham City Council’s portfolio holder for Energy and Sustainability, says: “The UK's domestic energy market has been hit with fluctuating Government policies and subsidy cutbacks. In recent years, the cost of utility bills has spiralled as the profit-hungry ‘Big six’ energy companies have exploited their monopoly.
“We have decided to take the bold step of setting up Robin Hood Energy so that energy can be provided to customers across Nottingham and beyond at the lowest possible price, run not-for-profit but for people.”
Jamie Hailstone is a freelance journalist and author, specializing in local government, transport and energy issues