Robin Hood Energy went bust on the 5th January 2021. Get a full list of energy suppliers that have gone bust here.
Robin Hood Energy was launched by Nottingham City Council in 2015 to help residents get cheaper energy deals and tackle the problems of fuel poverty. Set up as the UK's first local authority owned, not-for-profit energy company, the absence of private shareholders was cited as one of the reasons it was able to keep gas and electricity costs low.
Times have been tough for smaller energy suppliers in the last few years and, as a number of these firms have gone bust, Robin Hood Energy recently fell into financial difficulty and had to be bailed out by a £25.5 million taxpayer loan.
But the supplier is still operating and has recently upped its commitment to renewable sources by converting all its customers to 100% green energy and eliminating an estimated 128,000 tons of C02 from its energy generation process.
Robin Hood Energy is a publicly owned business, fully owned by Nottingham City Council.
A number of other local authorities have since followed Nottingham City Council's lead and set up their own energy companies, such as LECCY in Liverpool, Ram Energy in Derby and Angelic Energy in Islington.
If you're looking to switch to an ethically sound energy company, then a local authority owned, not-for-profit supplier like Robin Hood Energy could be worth considering. As part of its commitment to helping customers instead of shareholders, it's pledged to reinvest any profits back into its customers or other good causes, including local food banks, schools, charities, and businesses.
As part of its commitment to local households, Robin Hood Energy proactively identifies and contacts vulnerable customers to ensure they get the right levels of extra help.
Robin Hood Energy might also tick the boxes if you're looking for an environmentally conscious energy supplier, as it now provides all customers with 100% renewable electricity.
Compare Robin Hood Energy gas and electricity deals with The Energy Shop now to see how much you could save.
Any electricity we use is generated from a combination of different fuels such as nuclear, coal and renewable sources (wind, water and the sun). The different amounts of each fuel contributed makes up a supplier's energy fuel mix.
Here is Robin Hood Energy's gas and electricity fuel mix as of April 1, 2018 to March 31, 2019:
|Electricity Source||Electricity supplied by Robin Hood Energy||Average for UK|
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