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 The BBC has just done more to eradicate ‘terrorism’ than all our wars since 9/11
- 2 Dog thinks owner is drowning in lake, dives in and tries to pull him out
- 3 Thank heavens for Louise Mensch and her foul-mouthed tweets to world leaders
- 5 Phil Neville backtracks on Tomas Rosicky 'I'd smash him' comments from Match of the Day 2
Saudi preacher who 'raped and tortured' his five -year-old daughter to death is released after paying 'blood money'
Greece elections: Greek PM Alexis Tsipras takes aim at 'neo-liberal' Europe as country gears up for prolonged austerity battle
Auschwitz liberation 70th anniversary: Woman sent to three Nazi death camps describes surviving gas chamber
Prince Philip set to be knighted by Australia: Celebrate by reading his greatest gaffes
New York snow: Winter Storm Juno downgraded as 'one of the largest snowstorms in history' fails to show
'We would evict Queen from Buckingham Palace and allocate her council house,' say Greens
French court convicts three over homophobic tweets, in case hailed as a 'significant victory' by LGBT rights campaigners
Greece elections: Syriza and EU on collision course after election win for left-wing party
British Muslim school children suffering a backlash of abuse following Paris attacks
Islamic history is full of free thinkers - but recent attempts to suppress critical thought are verging on the absurd
British grandmother Lindsay Sandiford faces execution by firing squad in Indonesia
iJobs Money & Business
£16500 - £16640 per annum: Recruitment Genius: This fast growing Finance compa...
£30000 - £32000 per annum + benefits : Ashdown Group: A highly successful, int...
£18000 - £20000 per annum: Recruitment Genius: This rapidly expanding business...
£25 - 28k + Bonus: Guru Careers: An In-house / Internal Recruiter is needed to...