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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
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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 on account of skyrocketing power prices.
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People's Energy
Community Interest Company is the parent company of The People's Energy Company Limited, which owns People's Energy (Supply) Limited.
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U.K. wind farms produced less than one gigawatt on certain days, according to Mr. Konstantinov. Full capacity stands at 24 gigawatts
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201:"Meet the UK energy company that will give profits back to customers"
262:"Energy suppliers Utility Point and People's Energy cease trading"
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288:"Energy Prices in Europe Hit Records After Wind Stops Blowing"
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People's Energy offered 100% renewable electricity.
156:People's Energy supplied around 350,000 customers.
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132:, Scotland, which operated from 2017 until 2021.
376:Renewable energy companies of the United Kingdom
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241:"What you need to know about energy prices"
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371:Energy companies disestablished in 2021
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366:Energy companies established in 2017
361:Electric power companies of Scotland
19:The People’s Energy Company Limited
386:2021 disestablishments in Scotland
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286:Joe Wallace (13 September 2021).
275:from the original on 25 May 2022.
221:"Couple set up own power company"
199:Boyd, Olivia (1 September 2017).
128:was an energy supplier based in
381:2017 establishments in Scotland
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356:Companies based in Midlothian
182:"The People's Energy Company"
141:and launched in August 2017.
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60:David Pike, Karin Sode
271:. 14 September 2021.
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336:electricityinfo.org
332:"Supplier Fuel Mix"
293:Wall Street Journal
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318:"Customer numbers"
268:Independent.co.uk
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75:14 September 2021
68:14 September 2021
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83:Headquarters
33:Company type
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95:Area served
350:Categories
168:References
160:Energy mix
89:, Scotland
44:Utilities
273:Archived
226:BBC News
130:Shawfair
87:Shawfair
57:Founders
41:Industry
136:History
106:Website
73: (
65:Defunct
49:Founded
301:2021
52:2017
246:MSN
117:.uk
115:.co
111:www
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Text is available under the Creative Commons Attribution-ShareAlike License. Additional terms may apply.
