Robin Hood Energy’s local authority owner ‘considering the company’s future’

Nottingham Council is considering the future of Robin Hood Energy. Opposition councillors say the supplier’s losses are “unsustainable” and closing the company should be among the options considered, reports Nottinghamshire Live. A decision is expected in the summer.

The company is also a supplier under ‘white label’ agreements for other local authority customers, with brands including  Leccy for Liverpool Council, Ram Energy for Derby Council and Angel Energy for Islington Council in London.

The company says it has helped lift people out of fuel poverty, but opponents say the company exposes the council – which had to make an emergency loan to the company last year – to too much risk.

Read the full story here

Further reading

Download your copy of the monthly New Power Report here, we’ve made the April issue free to download 

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