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Opus Energy Celebrates First Year Success of its UK Market-First Energy Purchasing Solution
OXFORD, England, October 27 /PRNewswire/ --
- Opus Evolution Boosts Opus Energy's Turnover by 25% and 3,000 New Sitesin Just 12 Months
Opus Energy, a leading independent supplier of electricity to UKbusinesses, is celebrating the success of its market-leading online energypurchasing system, which was launched just over 12 months ago but is alreadyresponsible for 25% of its turnover and has added over 3,000 sites throughnew customers.
In September 2007, Opus Energy unveiled a UK market-first when itlaunched Opus Evolution, its advanced online electricity purchasing productfor the non Half Hourly metered markets. This pioneering solution, developedand offered exclusively by Opus Energy, is unique to the non Half Hourlymetered market sector and allows the customer to fix their electricity demanddirectly with the wholesale market. Customers are able to manage theirportfolio 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-sitecorporate customers to move away from fixed pricing agreements and offer themthe flexibility to implement their own energy purchasing strategies.
Since its launch, Opus Evolution has proved immensely successful inattracting new business and retaining existing customers. By creating accessto a market segment that was previously unavailable to the smaller supplier,Opus Energy has been able to attract a host of household brands. Earlyadopters include Farmfoods, Goodyear Dunlop Ltd, Thorntons Plc, StagecoachPlc and FirstGroup Plc. These amongst others have helped to cement OpusEnergy as not only a real alternative to the major incumbent suppliers, but amarket-leader in its field.
Steve James, Commercial Director at Opus Energy, said: "We are delightedby the reception Opus Evolution has had over the last 12 months. The uptakehas been more than 200% of the initial target and it is incredible to thinkthat this solution is now responsible for a quarter of our business turnover.
"Without doubt, Opus Evolution helps distinguish Opus Energy as amarket-leader amongst our peer group. It showcases us as an innovative andflexible independent supplier that is able to quickly meet the demands ofboth SME and corporate customers.
"We are in no way standing still with Opus Evolution and we arecontinuing to look at ways of enhancing it in order to better equip ourcustomers against the volatile energy market."
About Opus Energy
Opus Energy is a leading independent supplier of electricity to UKbusinesses, based in Northampton. It has over 40,000 customers across thecountry, including Yell Group Plc, Stagecoach Plc, Thorntons Plc, Farmfoodsand Deloitte & Touche LLP. Opus offers companies best-price electricitytogether with tailored customer care. Its flexible, tailor-made solutionssuit businesses across the SME and larger corporate market.
Between April 2006 and March 2007, 66% of the energy supplied by OpusEnergy to its customers came from cleaner, low-carbon sources - 47% fromrenewable 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 PlusPlc (LSE: TEP.L ) has 20 percent.
With offices in Northampton and Oxford, it employs 200 people. Forfurther information, please see http://www.opusenergy.com orhttp://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.comSOURCE Opus Energy
Opus Energy, a leading independent supplier of electricity to UKbusinesses, is celebrating the success of its market-leading online energypurchasing system, which was launched just over 12 months ago but is alreadyresponsible for 25% of its turnover and has added over 3,000 sites throughnew customers.
In September 2007, Opus Energy unveiled a UK market-first when itlaunched Opus Evolution, its advanced online electricity purchasing productfor the non Half Hourly metered markets. This pioneering solution, developedand offered exclusively by Opus Energy, is unique to the non Half Hourlymetered market sector and allows the customer to fix their electricity demanddirectly with the wholesale market. Customers are able to manage theirportfolio 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-sitecorporate customers to move away from fixed pricing agreements and offer themthe flexibility to implement their own energy purchasing strategies.
Since its launch, Opus Evolution has proved immensely successful inattracting new business and retaining existing customers. By creating accessto a market segment that was previously unavailable to the smaller supplier,Opus Energy has been able to attract a host of household brands. Earlyadopters include Farmfoods, Goodyear Dunlop Ltd, Thorntons Plc, StagecoachPlc and FirstGroup Plc. These amongst others have helped to cement OpusEnergy as not only a real alternative to the major incumbent suppliers, but amarket-leader in its field.
Steve James, Commercial Director at Opus Energy, said: "We are delightedby the reception Opus Evolution has had over the last 12 months. The uptakehas been more than 200% of the initial target and it is incredible to thinkthat this solution is now responsible for a quarter of our business turnover.
"Without doubt, Opus Evolution helps distinguish Opus Energy as amarket-leader amongst our peer group. It showcases us as an innovative andflexible independent supplier that is able to quickly meet the demands ofboth SME and corporate customers.
"We are in no way standing still with Opus Evolution and we arecontinuing to look at ways of enhancing it in order to better equip ourcustomers against the volatile energy market."
About Opus Energy
Opus Energy is a leading independent supplier of electricity to UKbusinesses, based in Northampton. It has over 40,000 customers across thecountry, including Yell Group Plc, Stagecoach Plc, Thorntons Plc, Farmfoodsand Deloitte & Touche LLP. Opus offers companies best-price electricitytogether with tailored customer care. Its flexible, tailor-made solutionssuit businesses across the SME and larger corporate market.
Between April 2006 and March 2007, 66% of the energy supplied by OpusEnergy to its customers came from cleaner, low-carbon sources - 47% fromrenewable 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 PlusPlc (LSE: TEP.L ) has 20 percent.
With offices in Northampton and Oxford, it employs 200 people. Forfurther information, please see http://www.opusenergy.com orhttp://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.comSOURCE Opus Energy
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