Eastern offers customers scheme to aid coal industry
Wednesday 07 January 1998
Eastern has promised to buy 1.5 tonnes of additional coal for every customer who signs up to the offer, called Lionheart. In its first year the group said it expected 100,000 households to take up the package, which will cost the same as its national electricity tariff, translating into 150,000 extra tonnes of RJB coal.
However, the offer only applies to customers outside Eastern's existing franchise area, which covers 3.2 million homes in East Anglia and north London. It means the scheme cannot start until the domestic electricity market opens to competition, a move which was due in April but is now likely to be delayed for several months.
An Eastern spokesman said the company had wanted to offer its existing customers the opportunity to sign up to the scheme, but were prevented by the terms of the group's operating licence. The company expected the offer to appeal most to customers in coalmining areas or former coal communities.
Eastern, which bought five coal fired power stations from National Power and PowerGen, has signed contracts to buy four million tonnes of RJB coal a year from April. The company said any further coal bought from RJB would displace imports, expected to reach 1 million tonnes a year, rather than some of its 14 other UK suppliers apart from RJB.
The power group late last year became the first to offer a green tariff. Households, including those in its franchise region, can opt to pay 5 or 10 per cent more for power, cash which the company will match and invest in renewable energy projects.
- Chris Godsmark
- 1 Katie Hopkins attacked me on Twitter — so I reported her to the police for inciting racial hatred
- 2 I might be an MP, but that doesn't stop me fighting sexism with my breasts
- 3 Google April Fools': company unveils backwards search engine and huggable digital assistant
- 4 April Fools' Day 2015: The best hoax news stories from around the internet
- 5 Gamers confess the worst things they've done in The Sims
University of Cambridge: Remains of 1,300 scholars are found under building
April Fools' Day 2015: The best hoax news stories from around the internet
April Fools' Day 2015 live: The best pranks and fake stories from around the world
Turkey power cut: Prime Minister says nationwide blackout could be caused by terrorists
Jeremy Clarkson 'could be given minder' ahead of a potential Top Gear return
Ukip supporters are 55 or older, white and socially conservative, finds British Social Attitudes Report
Street preacher quoting from the Bible fined for calling homosexuality an 'abomination'
Katie Hopkins attacked me on Twitter — so I reported her to the police for inciting racial hatred
Woman filmed launching racist tirade against men on the Tube for speaking in 'own lingo'
The West has it totally wrong on Lee Kuan Yew
David Cameron calls Labour 'hopeless, sneering socialists' while announcing 7-day NHS plans
iJobs Money & Business
£20000 per annum + commission: SThree: Sthree have an exciting opportunity for...
£18000 - £32000 per annum: Recruitment Genius: A Telesales Executive is requir...
£45000 - £50000 per annum + benefits : Ashdown Group: A highly successful, glo...
£50,000 - £55,000: Neil Pavier: Are you a professionally qualified commercial ...