Tower Hamlets residents could see cheaper energy bills, thanks to T.H.E. Community Power, a new co-operative launched by Mayor Lutfur Rahman this summer. By buying energy in bulk, T.H.E. Community Power will give local people the chance to switch energy providers and benefit from a cheaper energy tariff.
All residents have to do is sign up now to express their interest in switching energy provider. Registration is free and only takes five minutes to do. Once 5,000 households have expressed their interest in the scheme, T.H.E. Community Power will negotiate with energy providers to secure a cheaper deal. There will be no obligation for residents to switch and based on a similar scheme undertaken by consumer watchdog Which?, households saved about £123 a year on their energy bills.
Mayor Lutfur Rahman said: “I would urge every resident to sign up now because Tower Hamlets Energy will deliver huge benefits for local people.
“By giving residents cheaper energy bills, the co-operative will help to ease the burden and worry of increasing living costs.”
Cllr Rabina Khan, Lead Member for Housing said: “The best thing about the scheme is that the more people that sign up, the more everyone saves. So encourage your neighbours and friends to sign up too.”
I’m really excited about the potential this scheme has to bring the community together to create a scheme for the benefit of all.”
Residents can find out more and register now in two ways:
• online at www.towerhamlets.gov.uk/energy
• by phone on 0800 5088364 (9am – 5pm on weekdays)
Paper registration forms are also available in council offices across the borough.
Once T.H.E. Community Power is established it will provide additional benefits to members, including free and impartial advice on grants, insulation, fuel debt, and energy efficiency schemes available to help residents keep their bills down.
