London Power is an electricity and gas supply company in the United Kingdom, launched in 2019 by
Sadiq Khan
Sadiq Aman Khan (; born 8 October 1970) is a British politician serving as Mayor of London since 2016. He was previously Member of Parliament (MP) for Tooting from 2005 until 2016. A member of the Labour Party, Khan is on the party's soft ...
,
Mayor of London
The mayor of London is the chief executive of the Greater London Authority. The role was created in 2000 after the Greater London devolution referendum in 1998, and was the first directly elected mayor in the United Kingdom.
The current ...
, which only accepts customers at London addresses.
The company was established in July 2019 and began trading in January 2020. It is a wholly owned subsidiary of the
Greater London Authority
The Greater London Authority (GLA), colloquially known by the metonym "City Hall", is the devolved regional governance body of Greater London. It consists of two political branches: the executive Mayoralty (currently led by Sadiq Khan) and th ...
. Gas, 100% renewable electricity and customer service are supplied by
Octopus Energy
Octopus Energy Group is a British renewable energy group specialising in sustainable energy. It was founded in 2015 with the backing of British fund management company Octopus Group, a British asset management company. Headquartered in London, ...
. The Authority states that any profits will be invested into delivering the Mayor's social and environmental goals.
References
Electric power companies of England
Companies based in London
Energy companies established in 2020
British companies established in 2020
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