Your browser is no longer supported

For the best possible experience using our website we recommend you upgrade to a newer version or another browser.

Your browser appears to have cookies disabled. For the best experience of this website, please enable cookies in your browser

We'll assume we have your consent to use cookies, for example so you won't need to log in each time you visit our site.
Learn more

PLUG PULLED ON CHEAPER POWER CONSORTIUM

  • Comment
A consortium of councils bidding to provide cheaper gas and electricity to local residents has had to postpone its ...
A consortium of councils bidding to provide cheaper gas and electricity to local residents has had to postpone its attempt to enter the deregulated power market.

Nineteen councils in Derbyshire and Nottinghamshire last year secured provisional approval for a£198,000 grant from the Energy Savings Trust to form an energy service company (LGC, 29 August 1997).

Following counsel's advice, Nottinghamshire and Derbyshire Local Authorities Energy Partnership decided it would be unable to set up the company in time to meet a 31 March deadline for formal approval of the grant.

North East Derbyshire DC property service manager John Farrell said the complexities of setting up a legally watertight company would take them past the deadline.

If successful, it would have encouraged local residents to switch their gas and electricity to a supply company that offered the best all-round deal. In return for the partnership's backing, the supplier would have provided the funding to pay for energy-saving measures for low-income households.

The partnership is now exploring other ways of raising funding for the scheme. Joint chairman Derek Green said: 'We're not dead yet; we will be lobbying hard to keep the momentum going.'

  • Comment

Have your say

You must sign in to make a comment

Please remember that the submission of any material is governed by our Terms and Conditions and by submitting material you confirm your agreement to these Terms and Conditions.

Links may be included in your comments but HTML is not permitted.