Cheaper power bills could be on offer to Melton residents and businesses if two councils set up an energy supply service.
Leicestershire County Council and Leicester City Council are proposing to work with an existing energy supplier to offer cheaper tariffs to Leicestershire residents and businesses.
Known as a ‘white label’ service, the idea has operated successfully in other areas of the country. The councils would encourage customers to shift to the energy company, to gain cheaper tariffs. In return, the company would pay the councils a fee for every customer who switched.
The councils would operate the service as ‘not-for-profit’ and any funds gained would be reinvested into energy efficiency measures or used to discount the price paid for energy by residents and businesses.
The councils say there would be a strong emphasis on customer service and helping vulnerable customers, plus an option for a green tariff for consumers.
County Hall deputy leader Byron Rhodes said: “It’s a win-win - cheaper energy for the public and money to invest in energy efficiency, at a time of tight budgets. This idea has worked successfully in other areas so it makes sense for us to try it here.”
County Hall’s ruling Cabinet will discuss the idea on Tuesday. If it gets the go-ahead the scheme could be launched in the spring.