A UK couple are a step closer to breaking British energy supply’s “big fix” and have appealed for more public support in a successful online crowdfunding campaign that concludes this week.
Entrepreneurs David Pike and Karin Sode have already attracted more than £300,000 towards founding Our Energy, a revolutionary company set to stand in contrast to Britain’s Big Six suppliers of gas and electricity by being completely transparent and customer-focused, giving 75 per cent of profits back to consumers and ensuring user representation on its board of directors.
Once up and running, Our Energy will reward with free energy those members of the public who have donated towards a crowd funding campaign, which ends on Friday 24th February at midnight. The company will become operational later this year and break new ground in national energy supply, providing two simple tariffs, ‘lean’ and ‘green’, respectively the cheapest and most environmentally-friendly supply the company can offer. Now, David and Karin are aiming to attract £450,000 in order to increase Our Energy’s competitiveness on price with major UK suppliers.
David said: “We are delighted to have received backing from over 1400 supporters who have raised more than £300,000 to ensure that Our Energy will become operational later this year. By attracting further funding, more customers can reap the benefits of a democratic and transparent energy supplier.”
Karin said: “We have been amazed by the positive response we have had from people, not just through their pledges, but also in the many positive comments we have had. There is an absolute desire to change how essential services are provided to people in our communities. People are expressing a hunger to be part of a business model that returns ownership of a natural resource to them and is built on sharing rather than grabbing.”
Customers will be represented on the board, have voting rights on business decisions and be informed of all costs involved in running the energy business.
Consumers can secure their place as future owners of Our Energy by donating at www.crowdfunder.co.uk/ourenergy. Shares cannot be bought and sold, instead remaining in the hands of customers.Follow