Scottish Housing Minister Kevin Stewart, MSP, has made an official visit to Our Power, a not-for-profit energy supplier, to see the progress and impact the company had made across Scotland since entering the energy market last year.
Our Power was created by local housing associations. As the first energy supplier in the UK to operate on a not-for-profit basis, the company is 100% asset-locked, with all surpluses generated reinvested to benefit its customers and their communities
Alister Steele, Chairman, Our Power, said: “We are on a journey to make energy more affordable and in doing so help to tackle fuel poverty. We have been operating for less than two years and now have 12,000 customers mainly living in social housing.
We are about to launch exciting plans to give more people the opportunity to switch to Our Power and even invest in the company. We have only been able to do this because of the support we have had from the Scottish Government as a business start-up.”
After visiting the company’s Edinburgh head office, Stewart said: “We know rising prices are putting too many low-income households in Scotland into fuel poverty. I am therefore pleased to see more and more housing associations and local authorities joining Our Power, as they can see the benefits of a quality service and lower tariffs for their tenants.”
Meanwhile, Perth-based utility giant SSE has temporarily split the job of its Retail managing director into two following the departure of Will Morris.
While the longer term management structure within Retail is reviewed, his responsibilities will be shared between two new Retail Co-Heads – with Stephen Forbes as Chief Commercial Officer and Tony Keeling as Chief Operations Officer.
30 Aug 2017
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