Liverpool council proposes launch of new energy company
Liverpool City Council has revealed plans to establish its own energy company in a bid to help city residents save money on fuel bills.
The cabinet is being asked to give the go-ahead to the proposals and kickstart the process of setting up the new firm, which will provide energy to households across Liverpool.
Provisionally known as the Liverpool LECCy, the company would operate on a not-for-profit basis and undercut other suppliers on electricity and gas prices.
The Liverpool LECCy would also seek to enhance Liverpool’s energy efficiency and innovate new ways of generating energy.
The city’s mayor, Joe Anderson, commented: “Cutting fuel bills is one of most significant ways we can help provide real and lasting benefit to Liverpool people.
“I want us to do something practical to help tackle fuel poverty, which is why we’re setting up this energy company – the Liverpool LECCy – which will be owned by and run for the people of the city, giving them a cheaper alternative energy provider.”
Mayor Anderson continued: “As government welfare reforms bite further we will do all we can to step-in and help families from falling further into poverty. The LECCy company is a practical response to that I hope people will get behind the idea.”
The council has been working alongside other city councils that are exploring similar options, including authorities in Leeds, Nottingham and Bristol.
Want your business, product or service to be seen regionally and nationally? Bdaily helps you get your story in front of the right audience, every day. Find out how Bdaily can help →
Join more than 55,000 subscribers by signing up to our daily bulletin each morning here.
Improving safety and standards across construction
From economic engine to community ecosystem
Improving North East transport will improve lives
Unlocking investment potential before year end
Give us certainty to deliver better homes
Hormuz: Safe passage - not insurance - the issue
Don't get caught out by employment law change
When literacy thrives, our businesses thrive too
Building a more diverse construction sector
The value of using data like a Premier League club
Raising the bar to boost North East growth
Navigating the messy middle of business growth