Leading business energy supplier, Opus Energy, has experienced significant growth in 2012 with revenue growing by 38%, mirroring the company’s corporate customer base expansion to over 56,000 sites.
The growth of Opus Energy’s corporate sales reflects the steady growth in customers signing up to its flexible electricity commodity purchasing product, Opus Evolution. This has been strengthened by the launch of new product functionality in the summer - ‘Fix/Unfix’ - which allows customers to sell their already purchased power back to Opus Energy.
Opus Energy’s growth over the last year has also been fuelled by the increasing interest amongst companies in generating renewable power from their own businesses. Opus Energy enters into power purchase agreements (PPAs) with renewable energy generators across the UK, purchasing their renewable power to supply to its customers. Opus Energy has entered into PPAs with over 500 renewable generators.
In recognition of its growth, Opus Energy was shortlisted in the ‘Company of the Year – Larger Firms’ category at this year’s Growing Business Awards. Judges noted Opus Energy for its “fantastic commitment to customer service quality and innovation. Financial performance is strong, and the testimonials from its customers are brilliant.”
Charlie Crossley Cooke, Managing Director, Opus Energy, comments on the company’s achievements: “We’re thrilled by Opus Energy’s success over the last 12 months, showing that we’re truly making a mark in the sector by offering a real alternative to business energy buyers. We’re honoured by our loyal customer base, and of course we are all proud of the hard-work and ongoing commitment demonstrated by Opus Energy employees. We’re very much looking forward to another successful year in 2013.”
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About Opus Energy
Opus Energy is the UK’s leading business energy supplier. The company was founded by Charlie Crossley Cooke in 2002 and now employs 450 people over its Northampton and Oxford-based offices.
Opus Energy supplies more than 150,000 business locations across the UK with power. Customers include: White Stuff, Paperchase, Stagecoach, Pizza Hut and Virgin Media.
In addition to supplying energy, Opus Energy also purchases power from over 500 renewable generators in the UK which it then supplies to its customers.
The management team has a 50 per cent stake in the business, while GDF SUEZ holds 30 per cent and Telecom Plus Plc has 20 per cent.
For further information about Opus Energy, please visit the Opus Energy website.
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