Pocket Power
Louis Holliday
According to the Office for National Statistics, in 2020 the average cost of utility bills was around £234 a month. With high costs of living often leading to financial instability, Pocket Power are dedicated to helping the 5 million people in the UK who have only £10 left over after paying all their essential costs.
Pocket Power aims to ‘put money back in people’s pocket’ by helping with the everyday costs of life, whether it’s switching to a better value provider or by applying for discounts. The enterprise provides support via a free phone service, saving people an average of £200-£300 after their first call, and also partners with service providers such as housing associations.
We wanted to create an organisation that helps people navigate confusing financial situations and come out the other side happier and healthier. We are really grateful to be joining the Changemakers programme, so we can increase our reach, over the coming years.
Louis Holliday, Founder of Pocket Power