Founding Chief Executive, Our Power
Our Power has been set up by social housing providers in Scotland to reduce levels of fuel poverty by operating in the energy sector. One of the ways we do this is by being a fully licensed energy supply company offering lower cost energy to fuel poor and low income households. We entered the market as one of the lowest cost prepayment suppliers in Scotland and did not vary our tariffs for over 12 months. For people living in fuel poverty, and particularly using a prepayment meter, life can be very hard and people will cut themselves off if they do not have enough money to pay for their energy. This can have significant health and well-being impacts and is a situation that has gone on for too long. Our Power will have a supply service throughout the UK in 2017.
Our Power has received an investment from Esmée Fairbairn Foundation and we will use this funding to grow the business. It will support us bringing on board more customers which in turn means that we can keep our prices as low as possible. The investment will also support us extending our customer base so that we can have as big an impact as possible.
Over the term of the investment, we hope to bring down the cost of energy to over 100,000 low income households and to help reduce levels of fuel poverty for our communities.
We have a focus on delivering excellent customer service and coming up with solutions that will really help our customers to lower their energy consumption while improving their quality of life.