Robin Hood Energy

Robin Hood Energy is a not-for-profit energy company launched in September 2015 by Nottingham City Council as a competitor to the "big six" energy suppliers in the United Kingdom. The business supplies gas and electricity nationally to both homes and businesses. Nottingham City Council wholly own the business and when launched in 2015 it was the UK's first publicly owned not-for-profit energy company.[1] None had existed since the UK energy system was nationalised in 1948[2] under the Electricity Act 1947 and subsequently privatised in 1990 under the Electricity Act 1989.[3][4]

The aim of the business is provide low-cost energy to households and address fuel poverty.[5] It provides special tariffs to residents within the boundaries of Nottingham City Council and provides a socially orientated pricing structure to the entirety of the UK.[6]

The company operates on a not-for-profit basis by keeping overheads as low as possible and does not pay Director bonuses. Any profits made are wholly reinvested.[7][8]

As a publicly owned energy company, the business prides itself on "championing the average person on the street, and make decisions that are morally and ethically right rather than trying to please shareholders". The business specialises in prepayment meters as generally customers on these meters can least afford energy, are in fuel poverty or are some of the most vulnerable customers, but are proportionally charged more for it. The business has previously publicly refused to increase these prices for those customers in the past even though costs were increasing.

In July 2018, the business announced that its electricity supplied to UK homes and businesses would be 100% renewable and it would also voluntarily enter into the Warm Home Discount scheme, which offers the elderly a payment of £140 over the winter period to help with fuel bills. This is only mandatory for energy companies with more than 250,000 customers; Robin Hood Energy has a customer base half the size of this, but voluntarily began to offer the Warm Home Discount from 2018.

In January 2019, the business was rated as second best in the UK for customer service as part of the annual Which? survey.[9]

Robin Hood Energy
Robin Hood Energy Logo, Not For Profit Company
FormationSeptember 2015
FounderNottingham City Council
TypeNot-for-profit energy company
PurposeTo provide low cost energy to households
HeadquartersLoxley House, Station Street, Nottingham, NG2 3NG
Location
Parent organization
Nottingham City Council
Websiterobinhoodenergy.co.uk

White-label contracts

A large part of the business's growth is through Public Sector endorsement rather than price comparison sites. The Robin Hood Energy model in Nottingham has been taken to a number of other areas of the UK through local authority and council partnerships. The business works with like-minded councils, with a range of political control and geographical locations, who have an agenda to tackle fuel poverty and address unfairness within the energy market.

Robin Hood Energy is the licenced supplier to 10 other councils or private businesses:

White Rose Energy

Robin Hood Energy partnered with Leeds City Council to establish as of September 2016[10] White Rose Energy, an iniative to provide affordable energy to residents in Leeds and Yorkshire.[11][12]

Ebico

Robin Hood Energy was announced on 10 March 2017 as the new supply partner for not-for-profit energy provider and registered social enterprise Ebico.[13] This began a transition of Ebico customers who opted-in to be transferred to new Ebico Zero Tariffs provided by Robin Hood Energy. In the decision to opt for a relationship with Robin Hood Energy, Ebico stated "we wanted to ensure our supply partner shared the same values as us; something Robin Hood Energy does in its mission to provide its customers with low-cost energy."[14]

The decision by Ebico to end its partnership with its former supply partner SSE plc was due to SSE deciding to close Ebico's EquiGas/EquiPower tariffs to new sales. The partnership was welcomed by a number of prominent politicians including Jesse Norman MP, Minister for Energy and Industry; Dr. Alan Whitehead MP, Shadow Minister for Energy and Climate Change; and Callum McCaig MP, SNP Spokesperson on Energy.[15]

References

  1. ^ "Nottingham City Council energy company claims UK first". 7 September 2015. Retrieved 7 October 2016 – via www.bbc.co.uk.
  2. ^ "Robin Hood's giving power to the people: Council sets up own energy company". 7 September 2015. Retrieved 7 October 2016.
  3. ^ "About us - RobinHoodenergy". Retrieved 7 October 2016.
  4. ^ "Not-for-profit energy provider launches, but is Robin Hood Energy any good?". Retrieved 7 October 2016.
  5. ^ Jacobs, Michael (3 June 2016). "Energy companies are cheaper and cleaner when run by the council". Retrieved 7 October 2016 – via The Guardian.
  6. ^ Ltd, Hemming Group (3 June 2016). "Council energy companies creating competitive energy tariffs". Retrieved 7 October 2016.
  7. ^ "Robin Hood Energy". Retrieved 7 October 2016.
  8. ^ "Robin Hood Energy Review". Retrieved 7 October 2016.
  9. ^ "Which? survey".
  10. ^ "White Rose Energy". Retrieved 7 October 2016.
  11. ^ "About Us - White Rose Energy". Retrieved 7 October 2016.
  12. ^ "White Rose Energy". Retrieved 7 October 2016.
  13. ^ Charity Commission. The Ebico Trust For Sustainable Development, registered charity no. 1127587.
  14. ^ "New, cheaper, energy deals under the new partnership with Robin Hood Energy". Retrieved 11 April 2017.
  15. ^ "Cross party support for Ebico and Robin Hood Energy partnership to fight fuel poverty in the UK". Retrieved 11 April 2017.

External links

Bristol Energy

Bristol Energy is a municipally owned energy company founded in 2015 by Bristol City Council. The company serves customers across the United Kingdom. In 2017, 40% of its energy supply was generated from renewable sources.In January 2019, Bristol Energy announced it had received a €1.9m grant from the European Investment Bank and the European Commission to fund renewable energy, in partnership with Plymouth City Council. This came after a reported loss of GBP 8.4 million in 2017 and GBP 11.2m million in 2018, followed by the departure of the CEO.The company had been set up with public funding of GBP 27 million and was expected to turn profitable by 2021. As of 2018 it had 76,000 customers.

British Energy Efficiency Federation

The British Energy Efficiency Federation (or BEEF) was founded in 1996 by the United Kingdom Government to provide a forum for consultation between existing industry associations in the energy sector.

Coal Authority

The Coal Authority is a non-departmental public body of the United Kingdom government.

Desire Petroleum

Desire Petroleum plc was an oil and gas exploration company headquartered in Malvern, England. It owned offshore exploration and production licences in the North Falkland Basin in the waters north of the Falkland Islands and its core focus was to develop the basin into a major new hydrocarbon province.

Desire Petroleum was acquired by Falkland Oil and Gas for £61million on 5 December 2013. Falkland Oil & Gas was itself acquired by Rockhopper Exploration plc in November 2015.

Electricity North West

Electricity North West is a British electricity distribution network operator, responsible for the administration and maintenance of the network, that distributes electricity to the North West of England excluding Merseyside and parts of Cheshire.

Energy Institute

The Energy Institute (EI) is a UK chartered professional membership body.

Energy Retail Association

The Energy Retail Association (ERA) was a trade association which promoted the interests of electricity and gas retailers in the domestic market in Great Britain, formed in 2003. In April 2012 it merged with the Association of Electricity Producers and the UK Business Council for Sustainable Energy to become Energy UK.

Expro

Expro (officially Expro International Group) is an international oil and gas service company, specializing in well flow management, headquartered in Reading, United Kingdom.

Franco-British Nuclear Forum

The first meeting of the Franco–British Nuclear Forum was held in Paris in November 2007, chaired by the Minister for Energy and the French Industry Minister. The working groups are focusing on specific areas for collaboration. A follow-up meeting on the issue in London was planned for March 2008,[1] but did not take place.[2]

Hardy Oil and Gas

Hardy Oil and Gas plc is a leading British-based oil and gas exploration and production business. It is headquartered in Aberdeen and is a former constituent of the FTSE 250 Index.

Murco Petroleum

Murco Petroleum Limited is a United Kingdom based oil refining company. It was set up by Murphy Oil Corporation in 1960. The company owns a forecourt based chain of Costcutter convenience stores. In 1981, Murco purchased a 30% stake in Amoco's Milford Haven Refinery, and in 2007, they purchased the remaining 70%.In November 2014, it was announced that Milford Haven Refinery was to close, with the loss of around 350 jobs. In October 2008, they purchased Petrol Express Limited for £52 million from its parent company GNE Group, and the 63 sites brought Murco's total number of petrol stations to 230.

New Electricity Trading Arrangements

New Electricity Trading Arrangements (NETA) is the system of market trading arrangements under which electricity is traded in the United Kingdom's wholesale electricity market as of 27 March 2001. The arrangements provided that parties could trade off their imbalances close to real time.

Opus Energy

Opus Energy Limited supplies gas and electricity to businesses across the United Kingdom. It purchases electricity from wind, solar, hydro, and anaerobic digestion generators, and provides support to develop energy-generating sites. It is headquartered in Northampton, United Kingdom with an additional office in Oxford.

Regal Petroleum

Regal Petroleum plc is a petroleum company based in London with assets in Romania, Ukraine, Greece, and Egypt. It was founded by Frank Timiş in November 1996, and is listed on the London Alternative Investment Market.

Score Group plc

Score Group plc is an international engineering business based in Peterhead, Scotland.

Sunbury Research Centre

The Sunbury Research Centre -- also known as ICBT Sunbury -- is a main research institute of BP in north-east Surrey.

UK Power Networks

UK Power Networks is a distribution network operator for electricity covering South East England, the East of England and London. It manages three licensed distribution networks (Eastern Power Networks PLC, South Eastern Power Networks PLC and London Power Networks PLC) which together cover an area of 30000 square kilometres and approximately eight million customers.

In 2014 UK Power Networks was awarded £25 million from the electricity regulator Ofgem's Low Carbon Networks Fund for the Low Carbon London project. In 2011 it was awarded £6.7 million by Ofgem for another project, Flexible Plug and Play, which is researching new ways, technical and commercial, to connect renewable energy to the distribution network in Cambridgeshire.

As well as the three distribution arms UK Power Networks also operates UK Power Networks Services Holdings Limited, which develops and maintains electrical networks for clients including London Underground, Heathrow and Stansted airports, Docklands Light Railway and Canary Wharf.

WesternGeco

WesternGeco is a geophysical services company. It is headquartered in the Schlumberger House on the property of London Gatwick Airport in Crawley, West Sussex, in Greater London.

Western Power Distribution

Western Power Distribution is the trading identity of four electricity distribution companies - WPD South West (operating in South West England), WPD South Wales (operating in South Wales) and WPD Midlands (operating in East Midlands and West Midlands). All of the companies act as the distribution network operator for their respective regions, and are registered in Bristol, England. Western Power Distribution serves approximately 7.7 million customers over its combined distribution areas.

Western Power Distribution is a subsidiary of the American utility corporation PPL.

It should not be confused with WPD, a wind farm company in north-western Europe, or Western Power Corporation, an electricity distributor in Australia.

This page is based on a Wikipedia article written by authors (here).
Text is available under the CC BY-SA 3.0 license; additional terms may apply.
Images, videos and audio are available under their respective licenses.