The Musselburgh-based supplier, which celebrates its first anniversary in August, said it is already exceeding expectations. People’s Energy raised more than £500,000 through a crowdfunding campaign last year in an effort to take on the “Big Six” energy firms. Its unique selling point is its democratic process, which gives customers a vote on major decisions and obliges directors to openly share decisions, accounts, pay and energy costs. According to research commissioned by the business this month, nearly two-thirds of the British population think companies have become greedier in the past ten years and 40 per cent said they were less honest. David Pike, CEO and co-founder, said: “Our first year of trading has been better than we could ever have expected, and we’re delighted to be providing such a compelling alternative in the market.
Scotsman 23rd July 2018 read more »