Matt Stockdale, a man who made millions discovering an oven cleaner that works (I can vouch for that), has launched new website.
At Cost Energy is offering electricity and gas at cost price and claims he can save households a minimum of £320 a year.
The launch promised 'no hidden extras, no flashy offices, no directors bonuses, just the same gas and electricity you use currently'.
He said more than 10,000 people had already switched - " We are creating the UK's first people's energy company."
At Cost Energy has recently submitted its draft application to EFGEM to become a licensed gas and electricity supplier so no license has yet been issued. This is being reviewed and will become a public record, giving existing energy companies an opportunity to object to their license being granted.
A dream or reality? Politicians won't like this one bit will they? We must not dismiss the efforts of Matt Stockdale though because it is a feasible ideal, but I'm never comfortable dealing with any online business unless I have a contact phone number and address which I can verify. I refuse to deal with businesses which do not award me that courtesy. (Having said that it look some searching a few years ago to find much information about Scottish Power).
I wish Matt Stockdale every success in dealing with the bureaucracy involved with energy in this country. He'll need it.