'Clean Energy Switch' campaign

RNS Number : 3084B

Good Energy Group PLC

06 October 2015

 

06 October 2015

Good Energy Group PLC

("Good Energy" or "the Company")

Strong customer growth following 'Clean Energy Switch' campaign

Good Energy, the AIM listed renewable electricity supplier and generator, is pleased to announce that an autumn 'Clean Energy Switch' campaign has attracted almost 10,000 new domestic customers, nearly 80% of which are dual fuel.

The 'Clean Energy Switch' was launched at the beginning of September 2015 by campaigning organisation 38 Degrees and the Big Deal. The campaign invited consumers to join a collective switching initiative, encouraging them to secure a cheaper deal and choose 'green' electricity.

The 'Clean Energy Switch', which has now closed, offered Good Energy's dual tariff for an average price of, £947, 20% cheaper than the average Big Six tariff.  This is the first time Good Energy has won a large collective switch.

Juliet Davenport, Chief Executive Officer, commented:

"We are delighted by the success of the 38 Degrees campaign and to see almost 10,000 consumers switching to a cheaper and greener deal.  The team has responded well to this level of demand and following our investments in our own renewable plant, we have the renewable power to support these customers.  

"This is the first green collective switch and demonstrates that Good Energy's renewable and price competitive proposition appeals to a wide customer base, and further supports our new growth strategy targeting a five-fold growth in customer numbers by 2020."

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For further information, please contact:

Good Energy Group PLC Juliet Davenport, Chief Executive Denise Cockrem, Chief Financial Officer	Tel. [phone]
Arden Partners plc (Nominated Adviser and Broker) Steve Douglas, Patrick Caulfield	Tel: [phone]
Camarco (Financial PR Adviser) Geoffrey Pelham-Lane, Georgia Mann	Tel: [phone]
Good Energy Press Office Gill Dickinson	Tel: [phone]

Notes to editors

- Good Energy is a fast-growing 100% renewable electricity supply and generation company, offering value for money and award-winning customer service. 

- An AIM-listed PLC, and founder member of the Social Stock Exchange, its mission is to support change in the energy market, address climate change and boost energy security. 

- The company has consistently performed well in the annual Which? energy company customer satisfaction survey, winning first or second place in each of the last four years. Good Energy's dual fuel tariff is cheaper on average than the standard tariffs sold by the 'Big 6' before discounts. 

- It currently has more than 55,000 renewable electricity customers and 28,000 gas customers. It works with a community of 93,500 small and medium scale renewable electricity generators. (All figures as at 30 June 2015. These figures will be updated at year-end.)

- Good Energy is the owner of Delabole Wind Farm, the UK's first commercial wind farm, and owns and operates Hampole Wind Farm, near Doncaster. The company also owns and operates six solar farms.

 

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