Islington Council’s new energy company could save you £277 a year

PUBLISHED: 08:53 20 October 2017 | UPDATED: 17:09 25 October 2017

Islington Council has launched Angelic Energy, which it claims will offer fairer gas and electricity prices. Picture: Gareth Fuller/PA

Islington Council has launched Angelic Energy, which it claims will offer fairer gas and electricity prices. Picture: Gareth Fuller/PA

PA Archive/PA Images

Islington Council has launched its “fair” energy company – which it says could save people up to £277 a year on their bills.

As reported in the Gazette, Angelic Energy was approved by town hall leaders last November. It has now become London’s first municipal energy provider in 100 years.

Not-for-profit Angelic Energy aims to help families out of fuel poverty with fair gas and electricity prices, which have risen 36 per cent over the last 10 years.

Islington is the 24th most deprived borough in the country, with the third highest rate of child proverty.

Environment leader Cllr Claudia Webbe said: “For years, inflated energy prices have forced thousands of people across London into fuel poverty, with catastrophic consequences for their health and quality of life.

“Too many are forced to face the question: ‘Heat or eat?’. With Angelic Energy, Islington is leading by example.”

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