Ministers must learn lessons from plight of Our Power

Scottish Liberal Democrat Alex Cole-Hamilton MSP raised concerns about the collapse of Our Power with ministers today, after the Edinburgh-based energy supplier announced it had ceased trading over the weekend.  

Alex Cole-Hamilton commented:

“Our Power’s plight is a shame for the 70 staff based in Edinburgh, customers and the prospect of healthier competition in the energy supply market.

“Our Power was a not-for-profit venture aimed at tackling fuel poverty, being socially responsible and giving customers a fair deal. Those are the exact same principles the Scottish Government wants to underpin its own new energy company.

“First and foremost, a fair outcome is needed for staff. Ministers must also be clear about what lessons are being learned for their own scheme and what guarantees there are that taxpayers cash won’t go the same way as the £10 million they invested in this project.”

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