Cabinet Member for Housing Councillor Darren Sanders & Cabinet Member for Environment & Climate Change Councillor Dave Ashmore announce the Liberal Democrat administration supports the 'Local Electricity Bill'.
This bill is backed by nearly 200 MPs from all British political parties. It seeks to allow local groups to become electricity suppliers to their geographical areas. The bill would open the way for communities like Portsmouth to benefit from electricity from renewable sources.
Councillor Sanders commented - "The energy regulator OfGem is not empowered to allow the creation of local energy generators to become local suppliers. Regulations need to be changed so that communities like Portsmouth can benefit from renewable energy projects and with it cheaper energy bills. This bill seeks to break the stranglehold of large energy suppliers and give power, literally, to local people."
Councillor Ashmore added - "Other local parties previously attempted to address this need by setting up a now failed energy company Victory Energy. That model merely sold on to residents energy produced elsewhere and would not have helped lower bills for the people of Portsmouth. Similar schemes elsewhere in the country collapsed leaving councils with million pound bills paid by local taxpayers. I'm proud that our action in administration has spared Portsmouth's taxpayers this burden. This bill will allow us to reduce our climate impact while also reducing bills to address the needs of residents."
Councillor Sanders has also written to local MPs Stephen Morgan and Penny Mordaunt calling on them to support this vital change in legislation.