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London Power Quarterly Report: July - September 2020

London Power News

Welcome to the second quarterly update on London Power. We’ve been busy over the last 3 months developing new energy plans and enhancing the customer experience. We’re pleased to see customers continuing to switch to London Power, and hope our renewed communication push this autumn will ensure we can reach as many Londoners as possible with energy that’s always fair, affordable and green.

Highlights

Our main highlight this quarter is the launch of our new plans – my london tree plan and my london tree plan 24 month – which we introduced at the end of September. Customers can now fund tree planting in London communities for as little as £1 each month to help make our city greener and cleaner.
Developing London’s urban forest brings a host of environmental and social benefits. Trees and woodlands make London a healthier, more attractive place to live and helps combat climate change and air pollution too.
We’ll start putting our first trees in the ground in winter 2021, which gives us a year to buy the trees and arrange the planting sites.

London Power in numbers: July to September 2020

  • 3,658

    Homes powered by London Power at the end of September 2020

  • £325

    Saved on average by customers on our cheapest plan per year**

  • 832

    Kg of CO2 saved per London Power household per year*

  • 416

    Trees worth of CO2 saved per London Power household***

*Compared to the standard UK grid mix. Based on a medium usage dual fuel household, as defined by Ofgem’s Typical Domestic Consumption Values. Average annualised savings for dual fuel customers on supply between 13th January – 30th September 2020.
**Compared to the energy price caps. Based on a medium usage dual fuel household, as defined by Ofgem’s Typical Domestic Consumption Values. Average annualised savings for dual fuel customers on my london fixed yearly plan between 13th January – 30th September 2020.
***According to a study by the Forestry Commission on the Kielder Forest, each tree locks up the equivalent of 2kg of CO2 per year.

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