Energy collective launched

A new scheme aimed at helping customers avoid high energy bills is being launched in Cardiff and the Vale of Glamorgan. The collective energy buying service allows customers to band together to negotiate with energy suppliers.

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Energy collective: how it works

Registration for Cyd Cymru opens today and will run for six weeks. Here's how the collective works:

  • Residents register providing as much information as possible about their energy use
  • Once registration is closed, data is collated and presented for an 'energy auction'
  • Energy companies offer their best prices to the collective
  • New tariffs are offered based on registration data

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