Mayor Lutfur Rahman’s administration of his ‘flagship’ energy co-op scheme has come under fire after it was revealed that only 325 families have changed supplier despite £50,000 being spent promoting the scheme.
The average saving per family between the three energy auctions has been £118 per year, yet significantly more, £153, has been spent per household on advertising the scheme.
Whilst Labour do not oppose the cooperative energy scheme they say that Rahman’s administration of the scheme has left serious questions about the value for money residents. The programme is part of the ‘Big London Energy Switch’ which is a consortium of 22 London Local Authorities and is aimed at helping residents to secure better energy prices through collective bargaining.
Labour’s Environment spokesperson, Cllr Helal Abbas, said:
“This energy co-op scheme is a great London-wide initiative, though sadly we now see that Lutfur Rahman has spent more on promotion than those enrolled in the scheme have actually benefitted.
“We are obviously not getting the best value from the energy co-op scheme and there is a lot more which needs to be done to make it meet its potential and not just be a publicity tool.”