Robin Hood Energy: Nottingham launches not-for-profit power firm

Company is first council-owned energy firm to operate on that basis since market was nationalised in 1948

A local council has set up a not-for-profit energy supplier that it hopes can sign up 10,000 customers a month and save them each up to 237 a year on bills.

Nottingham city council said Robin Hood Energy, which employs 30 staff, was the first local authority-owned energy company run on a not-for-profit basis since the market was nationalised in 1948.