People’s Energy is partnering with East Lothian Council to launch East Lothian Energy in a bid to tackle fuel poverty in the Scottish area.
Two discounted tariffs – a fixed tariff and a variable tariff – will be offered to residents of East Lothian as part of the joint initiative, with up to £200 of annual savings possible.
Customers of the new supplier will also be able to benefit from East Lothian Energy’s pledge to pay back 75% of profits to all domestic customers through an annual rebate, although this will only happen once the supplier is profitable.
It is hoped that offering affordable and sustainable energy – with both tariffs offering 100% renewable energy – through East Lothian Energy will help to eradicate fuel poverty in the area. According to People’s Energy, it is estimated that 22% of households in East Lothian are living in fuel poverty.
“With this new affordable tariff for East Lothian residents, we have the potential to reduce the fuel poverty gap in the area quite considerably,” David Pike, CEO and co-founder of People’s Energy, said.
The company recently announced the opening of its new office in Selkirk, Scotland, with the expansion to create 100 jobs in the Borders region of Scotland over the next eighteen months.
Councillor Norman Hampshire, cabinet spokesperson for the environment at East Lothian Council, said: “East Lothian Energy gives county residents the exclusive opportunity to purchase affordable, sustainable and fair energy. We hope this will be attractive to householders across a mix of tenures – including tenants and homeowners.
“As well as saving money and helping to reduce fuel poverty, East Lothian Energy is a great way of enabling customers to support the environment and tackle climate change – a key priority for us as a council.”