Islington Council has launched its own energy supplier as part of its plans to take on the Big Six energy companies.
Angelic Energy, a not-for-profit company, is London’s first municipal energy provider in more than a century.
Speaking to ELN at the launch of the new energy supplier, Councillor Claudia Webbe, Executive Member for Environment and Transport at the council, said: “Quite frankly, we were fed up that residents and people generally were being ripped off by energy companies, they were paying far too much…If the Big Six companies were ripping them off, who else do they trust?
“So we were able to say there is an alternative who we trust and who we want you to trust. And we have created this brand called Angelic Energy… It will be wholly able to provide a cheaper energy offer, cheaper tariffs for our residents.”
With Islington being the 24th most deprived local authority in England and having one of the biggest gaps between the wealthiest and poorest residents, the council aims to target people in fuel poverty.
It will offer prepayment customers the opportunity to have smart meters installed so they can have better control of their energy bills.
Angelic Energy is a white-label provider, set up in partnership with Robin Hood Energy, which is a company owned by Nottingham City Council.
ELN also spoke to the public to get their views.