Liverpool City Council has approved a new contract for the supply of gas and electricity to its assets, which will result in significant savings in energy costs. The new contract will be effective from April 1, 2026 to March 31, 2028, with an option to extend for another year. This move is expected to save about £2m for the council. Electricity and gas are purchased for use in the council’s properties, including schools, libraries, gyms and offices.
The council also purchases electricity and gas for Liverpool schools and Merseyside Fire & Rescue Service on their behalf. One of the new elements of this contract is the council’s ability to sell surplus electricity generated by its assets, such as the Paddington Village Combined Heat and Power plant, back to the grid, which will generate additional revenue. Under the new contract, the council will also sell its surplus electricity to the open market to get the best possible value.
To reduce its carbon footprint, the council will continue to prioritize the buying of green electricity, supported by Renewable Energy Guarantees of Origin (REGOs). This action alone will help to decrease the carbon footprint of the city by 12,000 tonnes annually. The council’s ability to reduce its carbon footprint through the purchase of green electricity is testament to its commitment to environmental sustainability.
Cllr Liam Robinson, leader of Liverpool City Council, declared that this new energy supply contract represents a considerable step forward in the council’s efforts to secure the best possible value for taxpayers. It is also a positive step towards supporting its commitment to environmental sustainability. The council is optimistic that this new partnership will deliver both cost savings and a more sustainable energy future for Liverpool, with a guarantee that vital services will continue to operate within the City. This new contract is essential to ensure that Liverpool’s financial well-being is secure
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