Our Power Energy

EDM number 323 in 2015-16, proposed by Neil Gray on 16/07/2015.
Categorised under the topics of Energy, Fuel poverty and Utilities.

That this House welcomes the establishment of Our Power Energy, the first UK energy company to operate on a non-profit distribution basis, which hopes to reduce bills to customers by as much as 10 per cent; recognises that Our Power Energy has been founded by 35 organisations, including many of Scotland's housing associations, and has been supported by £2.5 million from the Scottish Government and a further £1 million from Social Investment Scotland; and, given that fuel poverty currently sits at its highest level in a decade and energy bills have risen by seven per cent between 2012 and 2013, looks forward to Our Power Energy starting to trade later this year in direct competition with the Big Six energy suppliers.

This motion has been signed by a total of 44 MPs.