A company set up by Cheshire East Council to help local residents reduce their energy bills has saved households more than £1m in just 10 months.
More than 4,000 people have signed up to buy their gas and electricity through Fairerpower, a partnership between the Council and Ovo Energy, since its launch in March. Cheshire East residents who have switched to Fairerpower are saving an average of £245 on their annual fixed-tariff bills.1
They include retired grandmother Tricia Canavan, of Macclesfield – Fairerpower’s 4,000th customer in Cheshire East – who is expected to save £288 a year on her pay monthly tariff dual fuel bills.
Tricia, who was presented with a hamper as a prize for being the 4,000th Fairerpower customer, said: “I’d been thinking about changing my energy supplier for a while but I wanted somebody I could trust.
“The change to Fairerpower will make a real difference to my bank balance, as it offers one of the most competitive tariffs in the area. Receiving the hamper in the lead-up to Christmas was a most welcome surprise and a real bonus.”
Fairerpower was set up by the Council to negotiate competitive energy deals that can be passed on to customers.
The massive savings achieved so far have put money back into local people’s pockets and are also helping to tackle fuel poverty.
Councillor Rod Menlove, board member of Fairerpower and Director of Cheshire East Energy, said: “Fairerpower is shaking up the energy market across Cheshire East. We are building trust through award-winning customer service while securing cheaper and fairer prices for local residents.
“This was our promise when we started and we are delivering and giving people a cheaper and more sustainable alternative to the ‘big six’ suppliers. This also helps the local economy with the £1m savings being fed back into the local community.
“New customers can benefit even further by helping introduce their friends and family - with both parties rewarded with a free £20 Amazon gift voucher.2
You can’t say fairer than that.”
Switching to Fairerpower is easy and is an option for all 170,000 households in the borough. As of December 2015, the scheme has been extended to allow residents living in Chester West and Chester to become Fairerpower customers.3
Fairerpower is a non-profit-making company, which is owned by Cheshire East Council. It is the first local authority in the UK to sell power since the gas and electricity supply system was nationalised in 1948.
Anyone interested in saving money on their fuel bills can visit fairerpower.co.uk to find out more.