Co-founders David Pike and Karin Sode launched a crowdfunding campaign in 2017 to launch the company with the promise of returning 75% of profits back to customers. On 31 July 2017, the company successfully raised £487,815 from 2,059 supporters in 199 days. The company received their Ofgem licence and launched in August 2017.[1][2][3]
People's Energy Community Interest Company is the parent company of The People's Energy Company Limited, which owns People's Energy (Supply) Limited.
On the 14 September 2021, it was announced that the company would cease trading with immediate effect. Several other companies, including PFP Energy, MoneyPlus Energy and Utility point, also fell within the same fortnight[4][5] on account of skyrocketing power prices.[6]
Customer numbersedit
People's Energy supplied around 350,000 customers.[7]
Energy mixedit
People's Energy offered 100% renewable electricity.[8]
^Boyd, Olivia (1 September 2017). "Meet the UK energy company that will give profits back to customers". The Guardian.
^"Couple set up own power company". BBC News. 10 May 2017.
^"What you need to know about energy prices". MSN.
^"Energy suppliers Utility Point and People's Energy cease trading". Independent.co.uk. 14 September 2021. Archived from the original on 25 May 2022.
^Joe Wallace (13 September 2021). "Energy Prices in Europe Hit Records After Wind Stops Blowing". Wall Street Journal. Retrieved 14 September 2021. U.K. wind farms produced less than one gigawatt on certain days, according to Mr. Konstantinov. Full capacity stands at 24 gigawatts
people, energy, energy, supplier, based, shawfair, scotland, which, operated, from, 2017, until, 2021, people, energy, company, limitedcompany, typeenergy, supplierindustryutilitiesfounded2017foundersdavid, pike, karin, sodedefunct14, september, 2021, years, s. People s Energy was an energy supplier based in Shawfair Scotland which operated from 2017 until 2021 The People s Energy Company LimitedCompany typeEnergy supplierIndustryUtilitiesFounded2017FoundersDavid Pike Karin SodeDefunct14 September 2021 2 years ago 14 September 2021 HeadquartersShawfair ScotlandArea servedUnited KingdomWebsitewww wbr peoplesenergy wbr co wbr uk Contents 1 History 2 Customer numbers 3 Energy mix 4 ReferencesHistory editCo founders David Pike and Karin Sode launched a crowdfunding campaign in 2017 to launch the company with the promise of returning 75 of profits back to customers On 31 July 2017 the company successfully raised 487 815 from 2 059 supporters in 199 days The company received their Ofgem licence and launched in August 2017 1 2 3 People s Energy Community Interest Company is the parent company of The People s Energy Company Limited which owns People s Energy Supply Limited On the 14 September 2021 it was announced that the company would cease trading with immediate effect Several other companies including PFP Energy MoneyPlus Energy and Utility point also fell within the same fortnight 4 5 on account of skyrocketing power prices 6 Customer numbers editPeople s Energy supplied around 350 000 customers 7 Energy mix editPeople s Energy offered 100 renewable electricity 8 References edit The People s Energy Company Crowdfunder UK Boyd Olivia 1 September 2017 Meet the UK energy company that will give profits back to customers The Guardian Couple set up own power company BBC News 10 May 2017 What you need to know about energy prices MSN Energy suppliers Utility Point and People s Energy cease trading Independent co uk 14 September 2021 Archived from the original on 25 May 2022 Joe Wallace 13 September 2021 Energy Prices in Europe Hit Records After Wind Stops Blowing Wall Street Journal Retrieved 14 September 2021 U K wind farms produced less than one gigawatt on certain days according to Mr Konstantinov Full capacity stands at 24 gigawatts Customer numbers Supplier Fuel Mix electricityinfo org Retrieved from https en wikipedia org w index php title People 27s Energy amp oldid 1189584631, wikipedia, wiki, book, books, library,
