Londoners can now switch to a new green energy company owned by City Hall, after Mayor Sadiq Khan formally launched London Power earlier today. The plan to launch a new green energy company for the capital is part of Khan’s target to transform London into a zero carbon city by 2050, while also ensuring Londoners can get access to low-carbon power at a “fair price”. To get London Power off the ground City Hall teamed up with Octopus Energy, which will provide customer service expertise. “We couldn’t be happier to launch London Power in partnership with the Mayor, to offer Londoners a good deal on planet-friendly power and to reinvest City Hall’s profits into community projects aimed at creating a more carbon neutral city,” said Stuart Jackson, co-founder and CFO of Octopus Energy said in a statement. In related news, Co-Op Energy – which is operated by Octopus Energy – has today launched a new community clean energy tariff which will allow households to buy electricity exclusively through community projects.
Business Green 13th Jan 2020 read more »
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