Opus Energy Signs Virgin Media As Impressive Growth Continues
Released on: September 07, 2011, 2:52 pm
Independent energy supplier to UK businesses, Opus Energy, has
today announced the signature of its 100,000th business site, Virgin
Media. The business joins a portfolio of market-leading brands which
includes Paperchase, Allied Irish Bank (GB), University of Cambridge,
Halfords and KPMG, amongst others.
Opus’ success comes at a time when the energy regulator, Ofgem, is looking for ways
to decrease the dominance of the ‘Big Six’ energy providers and demonstrates that
independent suppliers can thrive. The company’s Corporate division, experienced 28%
growth from this time last year and continues to expand rapidly.
The stellar performance is due to Opus’ market-leading solution for larger
corporates, Opus Evolution, which has seen a 122% increase in customers. Opus’
corporate customers are making the switch away from traditional fixed price
contracts, displaying a growing appetite for flexible purchasing solutions which
enable them to take advantage of fluctuating electricity prices. Opus expects the
growth to continue into 2012, as demand for Opus Extra, which gives the smaller
corporate customer access to flexible purchasing on the wholesale market, grows.
Steve James, Commercial Director, responsible for the Corporate division commented: “We are delighted to have hit the 100,000 mark, and welcome Virgin Media to our
roster of customers, the latest in a long line of flagship brands to join us. Our
growth demonstrates that there is an alternative to the Big Six suppliers and is a
result of our commitment to developing innovative and flexible products driven by
our customers’ needs.”
“We work with our customers to provide individual billing solutions, contract types
and reporting functions tailored to their requirements, rather than by trying to
squeeze them into a ‘one-size fits all’ approach.”
Opus Energy’s growth has also been driven by the rapid expansion of its gas supply
business. Launched in October 2009 the service now has over 8,000 live sites, an
uptake or more than 75% over the business’ initial target. Designed to offer
customers an affordable and reliable alternative to existing suppliers, the service
allows them to access competitively priced, fixed-term contracts, shielding them
from price fluctuations.
Charlie Crossley Cooke, Opus Energy’s Managing Director comments; “The last 12 months have been very exciting for Opus Energy. Our continued growth
and investment in our customers is reflected in not only the successful introduction
of new products, services and partners but also in the increased employment of
customer facing staff to help deliver the services we provide our business
customers. We now look forward to continuing to expand over the next twelve months.”
- Ends -
For press enquiries, please contact
T. 0203 077 0404 / 0207 269 7294
About Opus Energy
Opus Energy is the UK’s leading business energy supplier. With offices in
Northampton and Oxford, Opus Energy employs almost 350 people.
Opus Energy supplies over 100,000 UK business sites across all sectors. Corporate
customers include: Stagecoach, Halfords, FirstGroup and Lloyds Pharmacy.
Opus Energy’s management team has a 50 per cent stake in the business, while
International Power Plc (LSE:IPR.L) holds 30 per cent and Telecom Plus Plc (LSE:
TEP.L ) has 20 per cent.
For further information about Opus Energy, please see www.opusenergy.com.
Contact Details: Alexandra Dann, Marketing Executive
285 Banbury Road
Telephone: 0845 2182160
Fax: 0845 2937231
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