Here are some thoughts from Phil Ponsonby, CEO of Midcounties Co-op:
“We’ve long been the leading supporter of community power in the UK, and with the launch of Younity we want to go even further. In bringing together the technological capability and agility that Octopus Energy provides with the co-operative values and community generation experience of the Midcounties Co-operative, Younity is perfectly placed to grow the sector.”
Greg Jackson, Octopus Energy CEO and Founder added:
“By funding and using local renewable power from the community, for the community, when the sun shines, the wind blows and rivers run, we can take the pressure off the national grid and save the world from using even more fossil fuels.”
It’s been a busy start for Younity. We’ve already arranged agreements with almost 100 community energy producers around the country, which means they get the fair energy prices needed to continue their amazing work. Those partnerships are creating enough community generated energy to power around 45,000 homes. It’s an amazing achievement, but it really is just the beginning of a much bigger movement.