B&D Energy
Barking and Dagenham Council is underwriting B&D Energy's new LASER contract to improve financial predictability and potentially save residents money.
Barking and Dagenham Council's Cabinet decided in September 2025 to formally underwrite B&D Energy's new contract with LASER. This decision aims to improve financial predictability for B&D Energy, an energy company owned by the council, and could potentially save residents from increased costs. The council considered and rejected an alternative solution of not underwriting the contract.
The underwriting allows B&D Energy to transition from the council's corporate energy contract to a standalone LASER contract, structured around an April Purchase in Advance basket. This shift is intended to better align with B&D Energy's commercial model and reduce financial uncertainty, according to a report to the Cabinet. B&D Energy was established in 2016 to deliver low-carbon and competitively priced energy.
Key facts
- Barking and Dagenham Council's Cabinet decided in September 2025 to formally underwrite B&D Energy's new LASER contract. Source
- This aims to improve financial predictability for B&D Energy and potentially save residents from increased costs. Source
- B&D Energy will transition to a standalone LASER contract structured around an April PIA basket. Source
- An alternative solution of not underwriting the contract was considered and rejected. Source
About this summary
This summary was written automatically from our published stories and the council meeting records they draw on. It describes what councils have discussed and decided; it does not take a view on any decision. Each key fact links to the story it comes from. Updated 30 September 2026. Spotted a mistake? Email community@opencouncil.network.