Opus Energy experiences significant growth in 2012
Opus Energy is marking 2012 as a successful year; the company has experienced significant growth, with revenue increasing by 38%.
Fuelling this growth has been the rising interest amongst companies in generating their own renewable power. Opus Energy purchases this renewable power that businesses generate on their own premises. To do so, it enters into power purchase agreements (PPAs); to date it has entered into PPAs with over 500 renewable generators. This renewable energy is then supplied to Opus Energy’s customers.
Opus Energy’s growth is also mirrored by the expansion of its corporate customer base. This expansion of this area of the business – which currently stands at over 56,000 sites – can be attributed to the continual increase in customers signing up to Opus Evolution, the flexible electricity commodity purchasing product. Earlier this year, new functionality to the product – called ‘Fix/Unfix’ - was launched. This enables already purchased power to be sold back to Opus Energy.
Judges at this year’s Growing Business Awards recognised this growth, commenting on 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, said: “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.”
