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Our Power Energy: An Introduction for Tenants

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Presentation on theme: "Our Power Energy: An Introduction for Tenants"— Presentation transcript:

1

2 Our Power Energy: An Introduction for Tenants
Dundee RTO Meeting - June 2016

3 What is Our Power? Energy Supply Company
Founded and wholly owned by Scottish Housing Providers & Community Groups (40) No Shareholders – recycle profits ‘Community Benefit Society’

4 Why was Our Power created?
Address the market failure impacting unfairly on low income households Impact on fuel poverty directly through price Lack of trust for the 'Big 6'

5 What will Our Power look like?
Asset-locked entity with the ability to recycle profits – no shareholder dividends Renewable energy and district heating Prioritising prepayment meters  Smart meters  Focus on excellent customer service  Delivering clear advice and support

6 Our Power (Energy) Tariffs
Target tariffs £100 lower than Big 6 standard tariffs Equalising tariffs regardless of payment method: PPM and cash customers currently pay most for their energy DD customers standard tariffs tend to pay less Both gas and electric tariffs available

7 Benefits for Hillcrest tenants
Reduced cost of energy Smart meters – energy awareness! Better communication with energy supplier Payment methods – incl. remote top-up Warm Home Discount Social ethos

8 Benefits for Hillcrest
Influence business strategy Void & new build strategy Better service for tenants Potential to provide services commissioned by Our Power – generating an income to Hillcrest Data on energy use

9 Thanks for listening  Any questions?

10 Aberdeen Housing Partnership Abertay Housing Association Albyn Housing Society Ark Housing Association Blackwood Housing Association Barrhead Housing Association Cairn Housing Association Castle Rock Edinvar (part of Places for People) Castlehill Housing Association Clyde Valley Housing Association City of Edinburgh Council Dunedin Canmore Housing Association East Lothian Housing Association Eildon Housing Association Fairfield Housing Coop Fife Council Fife Housing Association Fyne Homes Glen Housing Association Glasgow Housing Association Grampian Housing Association Hillcrest Housing Association Isle of Gigha Heritage Trust Kingdom Housing Association Langstane Housing Association Lister Housing Coop Lochaber Housing Association Lochlash and Skye Housing Association Loreburn Housing Association Melville Housing Association Moray Housing Partnership Ore Valley Housing Association Port of Leith Housing Association Renewable Power Exchange River Clyde Homes Stirling Council Trust Housing Association West Granton Housing Co-operative West Highland Housing Association West of Scotland Housing Association (part of Gentoo Group) Wheatley Group


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