London Power was launched by Sadiq Khan in a joint partnership with Octopus Energy and City Hall and stands as a competitor to Bulb, green energy start-up which was launched in 2015 and has about a million customers.
London has one of the lowest rates of supplier switching and large numbers of households on prepayment meters, a situation which leaves more than one in ten Londoners living in fuel poverty. Newham has the highest level of fuel poverty in England besides six other London boroughs including Brent, Waltham Forest, Haringey, Redbridge, Ealing and Harrow are in the worst 10 per cent.
