OXFORD, England, October 27 Opus-Energy
OXFORD, England, October 27 /PRNewswire/ --
- Opus Evolution Boosts Opus Energy's Turnover by 25% and 3,000 New Sites
in Just 12 Months
Opus Energy, a leading independent supplier of electricity to UK
businesses, is celebrating the success of its market-leading online energy
purchasing system, which was launched just over 12 months ago but is already
responsible for 25% of its turnover and has added over 3,000 sites through
new customers.
In September 2007, Opus Energy unveiled a UK market-first when it
launched Opus Evolution, its advanced online electricity purchasing product
for the non Half Hourly metered markets. This pioneering solution, developed
and offered exclusively by Opus Energy, is unique to the non Half Hourly
metered market sector and allows the customer to fix their electricity demand
directly with the wholesale market. Customers are able to manage their
portfolio of sites, seeing real-time data and historic information at a time,
and in a location, that is convenient to them. The product enables multi-site
corporate customers to move away from fixed pricing agreements and offer them
the flexibility to implement their own energy purchasing strategies.
Since its launch, Opus Evolution has proved immensely successful in
attracting new business and retaining existing customers. By creating access
to a market segment that was previously unavailable to the smaller supplier,
Opus Energy has been able to attract a host of household brands. Early
adopters include Farmfoods, Goodyear Dunlop Ltd, Thorntons Plc, Stagecoach
Plc and FirstGroup Plc. These amongst others have helped to cement Opus
Energy as not only a real alternative to the major incumbent suppliers, but a
market-leader in its field.
Steve James, Commercial Director at Opus Energy, said: "We are delighted
by the reception Opus Evolution has had over the last 12 months. The uptake
has been more than 200% of the initial target and it is incredible to think
that this solution is now responsible for a quarter of our business turnover.
"Without doubt, Opus Evolution helps distinguish Opus Energy as a
market-leader amongst our peer group. It showcases us as an innovative and
flexible independent supplier that is able to quickly meet the demands of
both SME and corporate customers.
"We are in no way standing still with Opus Evolution and we are
continuing to look at ways of enhancing it in order to better equip our
customers against the volatile energy market."
About Opus Energy
Opus Energy is a leading independent supplier of electricity to UK
businesses, based in Northampton. It has over 40,000 customers across the
country, including Yell Group Plc, Stagecoach Plc, Thorntons Plc, Farmfoods
and Deloitte & Touche LLP. Opus offers companies best-price electricity
together with tailored customer care. Its flexible, tailor-made solutions
suit businesses across the SME and larger corporate market.
Between April 2006 and March 2007, 66% of the energy supplied by Opus
Energy to its customers came from cleaner, low-carbon sources - 47% from
renewable generators and 19% from cleaner Combined Heat and Power (CHP)
produced by CHP generators.
Opus Energy's management team has a 50 percent stake in the business,
while International Power Plc (LSE:IPR.L) holds 30 percent and Telecom Plus
Plc (LSE: TEP.L ) has 20 percent.
With offices in Northampton and Oxford, it employs 200 people. For
further information, please see http://www.opusenergy.com or
http://www.opusevolution.com
Opus Energy Press Office
Georgina Ruttle
T. +44(0)207-269-7255
E. georgina.ruttle@fd.com
Susie Patterson
T. +44(0)207-269-7233
E. susie.patterson@fd.com
SOURCE Opus Energy
