About Our Power CBS
Our Power Group is a new family of organisations set up to reduce levels of fuel poverty by intervening in the energy market. Our Power Community Benefit Society (CBS) is the top company in the group and its members comprise of a number of social housing associations.
It is registered as a Community Benefit Society. The activities of its subsidiaries include operating as a licensed energy supply company, engaging in renewable generation and district heating as well as seeking to take advantage of all available market opportunities to reduce the cost of fuel to low income households.
Our Power CBS is a membership organisation that is asset-locked and non-profit distributing. Membership is open to Social Landlords, Local Authorities and Community Controlled Organisations. Members each hold a £1 share in Our Power CBS and all have equal voting rights.
Together, Our Power CBS members own 200,000 homes, which when empty have their energy supply switched to Our Power Energy Supply.