THE collapse of an energy firm has been described as “devastating news” for a Borders community.

People’s Energy, based in Edinburgh, announced it would be ceasing to trade on Tuesday (September 14).

In August last year, the energy supplier said it would be expanding into the Borders, creating 100 new jobs in Selkirk.

John Lamont, MP for Berwickshire, Roxburgh and Selkirkshire, said: “This is very concerning news for Selkirk after the devastating news last summer when the Ovo Energy offices closed where 400 people worked.

“At the time, People’s Energy said they were creating 100 jobs in the town but it is unclear exactly how many people were taken on.

“Regardless, it will be devastating news for those losing their jobs and for the wider Borders economy.

“I will ensure that the correct support is in place for local people via the council and South of Scotland Enterprise.”

Border Telegraph: People’s Energy co-founders David Pike (left) and Karin Sode. Photo: Helen BarringtonPeople’s Energy co-founders David Pike (left) and Karin Sode. Photo: Helen Barrington

Rachael Hamilton, MSP for Ettrick, Roxburgh and Berwickshire, said: “The news that People’s Energy is ceasing trading is very concerning for workers and their families in Selkirk.

“Job losses across the Borders have been compounded by the effects of the pandemic.

“My door is open, and should anyone wish to contact me, please email or call 01573 224862."

A People’s Energy spokesperson said: “We are saddened to inform you that People's Energy is ceasing to trade.

“Please rest assured that your energy supply is secure and all account credit balances are protected for our domestic customers. This includes any recent top-ups that were made as part of the seasonal weighting initiative.

“Ofgem, the energy regulator, will be appointing a new supplier for all our customers. Their advice is not to switch, but to wait until they appoint a new supplier. This will reduce any risk of disruption in supply and facilitate the transfer of, and access to, domestic customers’ credit balances.”