Energy for Londoners - energy supply company (1)

Meeting: 
MQT on 2017-09-14
Session date: 
September 14, 2017
Reference: 
2017/3599
Question By: 
Caroline Russell
Organisation: 
City Hall Greens
Asked Of: 
The Mayor
Category: 

Question

Your draft Environment Strategy states that you will "tender for the delivery of an energy supply company aiming to offer fairer energy bills to Londoners as soon as possible", which I understand is a 'white label' option.  Why are you not consulting Londoners on a fully licensed energy company option after you committed to this at Mayor's Question Time on 22 June 2016?

Answer

Answer for Energy for Londoners - energy supply company (1)

Answer for Energy for Londoners - energy supply company (1)

Answered By: 
The Mayor

As stated in my draft Environment Strategy, I aim to start my scheme using an existing supplier to offer fairer energy bills to Londoners as soon as possible. 

This will allow Londoners to see the benefits more quickly and I judge it to be the best option in the present market conditions and given continuing regulatory uncertainty. 

However, I have not ruled out any options, as long as they deliver my desired outcomes, and look forward to seeing what innovative ideas are brought forward both in response to my tender and this consultation.