The Scotsman

4,500 sign up to energy firm

- By THOMAS HORNALL

A couple who are taking on the Big Six energy firms witha customer-owned energy company have preregiste­red more than 4,500 clients.

New users will begin to receive gas and electricit­y from People’ s Energy across the UK as the company begins trading.

David Pike, 53, and Karin So de ,47, were so fed up with existing UK energy firms they decided to raise £ 500,000 to do something about it.

Over the past year they have raised funds through crowd funding, secured an Ofgem licence, won an entreprene­urial and innovation award and built a team from their base in Musselburg­h, near Edinburgh.

Now they are now open for business and keen to signup new customers for their ethical customerow­ned energy supplies.

Their vision is to put one million people in charge of their own energy by 2024 and provide an alternativ­e for customers.

People’s Energy gives 75 per cent of profits back to its customers.

The company says it will share salaries, decisions, accounts and prices with customers which they say makesthe firm the first “completely transparen­t and customer-focused” energy company in the UK.

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