A Labour-led initiative by Southend Council has saved residents more than £100,000 on their energy bills since it launched in May. Southend Energy, a partnership with Ovo, has seen nearly 500 people sign up in less than three months.
The partnership was launched by the Joint Administration, thanks to pressure from Labour councillors, to offer greener energy options, as well as cheaper tariffs to fight fuel poverty.
In Southend-on-Sea, an estimated 40,000 households could save up to £242 a year on average with possible saving in the local economy of £9.5m. And in addition to a low cost tariff using 33% renewable energy, as well as a greener tariff with 100% renewables.
Cllr Ian Gilbert, leader of the Labour Group on Southend Borough Council, said, "Southend Energy is blazing a trail in the energy market by providing local competition to a market dominated by six big businesses. By working with OVO, we’ve been able to offer a bespoke tariff for Southend residents and businesses that is not just fair for your first year as a customer but is fair for as long as you remain a customer.
"I’m delighted that Southend Energy has got off to a steady start. For our customers, I’d like to say thank you and urge you to recommend the service to friends and relatives. To residents who haven’t yet switched, I’d encourage you to visit www.southendenergy.co.uk to find out if you could save."