Price freeze until March 31, 2014

RNS Number : 2381U

Good Energy Group PLC

29 November 2013

 



29^th November 2013

GOOD ENERGY ANNOUNCES PRICE FREEZE UNTIL MARCH 31, 2014

Today (29^th November 2013), Good Energy announced that it would be freezing its prices until the end of March, 2014. 

Juliet Davenport, Chief Executive, said: "We think this is good news for our customers as we will not be raising our prices this winter."

Good Energy has taken the decision to hold prices as the majority of its external costs are not rising until 1st April 2014.

"As a renewable energy company, Good Energy offers something different to the larger energy companies. Our customers are with us because we are reasonably priced, and offer highly-rated customer service and renewable electricity," said Juliet.

Enquiries:

Good Energy Group plc Juliet Davenport, Chief Executive Garry Peagam, Group Finance Director	Tel. [phone]
N+1 Singer (Nominated Adviser and Broker) Andrew Craig / Ben Wright	Tel: [phone]

Notes to editors

·      Good Energy is a licensed electricity supplier. It ensures that all of its customers' demand is 100% matched with electricity from renewable sources over the course of 12 months, backed by Renewable Energy Guarantee of Origin certificates (REGOs).  To compare the fuel mix of other suppliers please visit: www.electricityinfo.org/suppliers.php 

·      Good Energy Group plc is listed on the AIM market of the London Stock Exchange. For more information please visit: www.goodenergygroup.co.uk 

·      Good Energy's first corporate bond, which it promoted to its customer base, reached the £15 million maximum subscription on 24th October 2013, three weeks ahead of schedule. www.goodenergy.co.uk/bond

·      Good Energy has over 35,000 renewable electricity customers. In 2008, Good Energy added a gas product to its range. It now has over 12,000 gas customers..

·      Good Energy works with a community of over 55,000 small and medium scale renewable electricity generators.

·      Good Energy is the owner of Delabole Wind Farm, the UK's first commercial wind farm. It has targeted the development of 110MW of capacity of new renewable electricity generation assets by 2016.

·      Good Energy is a founder member of the Social Stock Exchange.

·      Good Energy has recently won a number of awards and accolades, including:

o  Good Energy came top in the latest Which? Customer Satisfaction Survey for energy suppliers and has won first place in 3 of the last 4 years.

o  Good Energy won the Company of the Year Award in the British Renewable Energy Awards 2013

o  In 2013, Good Energy was named as the best green electricity supplier by the UK's leading ethical and environmental magazine, Ethical Consumer.

 

END

 

 

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