You, dear reader, I’m sure you have an energy supplier but I’m not a cold caller from a direct marketing company to find out why did you choose yours and if you’re happy with it. (I hate cold callers. Does it ever work?) Instead, I just want to let you know, that there’s an ethical energy company, that does business differently. I can see you wondering, how is that possible? Well, it did take all the balls for a couple who didn’t like the way they were treated by the large energy companies. They also happen to be people, who believe in a fairer, more ethical future and society. And so, they have founded People’s Energy.
Sharing the vision
The initial success was already overwhelming and nothing proves it better, than the fact, that they crowdfunded half a million pound to start up. They have created an affordable, ethical, renewable, trustworthy energy supplier that gives profits back to customers and appoints them to the Advisory Board of Directors – and that’s their vision, shared by thousands of other people. It’s about people taking power back from faceless corporates.
How does it work
Think about how much profit the regular energy suppliers make, how do they make it and where do they spend the biggest chunk of this profit. People’s Energy turns this system upside down by returning 75% of all profits to consumers (expecting to make profit already in 2019). In 2021 they will be able to give share ownership at no extra cost to their costumers and colleagues. So, the customers are going to be directly represented on the Board and will have a say via regular polls. But first, they need at least 20.000 customers and this is where I am trying to help them and spread the word.
People’s Energy has fully transparent approach, both in accounting and salary matters, and in business decisions. You can already find all data you might want to look up on their homepage. They will continue to publish board minutes and salaries on their webpage. A company run by the people, for the people. The Community Partnerships program aim to further empower community projects by allowing them to accrue financial rewards for referring members to People’s Energy. They have already teamed up with charities like Harrison’s Fund and The Actors Centre.
The electricity they are supplying is 100% renewable, generated by wind, solar, hydro or tidal power. People’s Energy ensures that any electricity they use from the National Grid to supply to their customers is ‘topped up’ by renewable generation only. That way, they only use up what’s renewable.
Liked what you have just read?
Take the 90 seconds challenge and test them! Simply make the switch online. That’s about the same time as making a nice cup of tea for yourself!
This is a collaborative post.