BBC News | Mayor launches energy company for Londoners

Ed Reed was quoted on BBC News discussing London Power, a partnership with Octopus Energy to provide power to the households of London.

City Hall has committed £2.4m towards the £3.8m project. It said London Power would begin providing electricity to homes from December with any profits to be reinvested into the capital’s communities.

Ed Reed, energy expert at Cornwall Insight, said 13 authorities, including Islington and Barking & Dagenham councils, had partnered with energy supplier to form their own power companies.

BBC News