Opus Energy fixed-term contracts shield consumers from gas market price fluctuations

(15/12/2009)

Opus Energy has expanded its market portfolio to offer a new gas service to small and medium (SME) businesses. The gas service offers a clear alternative to existing market suppliers and includes many of the benefits already available with Opus’ electricity products.

Customers will have access to competitively priced, fixed-term contracts, shielding them from gas market price fluctuations. Existing electricity customers will continue to receive the same high standard of customer care with the ease of only having one supplier.

Opus Energy currently provides electricity to over 60,000 sites across the UK and entry into the gas market is proving successful. Since the first supply went live in the middle of October 2009, sales have exceeded expectations, with over 1,000 customers already signed up.

The energy supplier has the flexibility to buy gas from a number of market sources and is therefore able to respond quickly to market price changes, and pass cost-savings directly onto customers. The gas service will initially be marketed to existing and new SME customers.

Charlie Crossley Cooke, founder and Managing Director of Opus Energy, said: “We have successfully been supplying electricity to the business market for seven years. We’ve experienced significant growth based on our competitive pricing, exceptional level of customer service and an incremental growth strategy. We have responded to the high level of customer demand for gas products and will apply the same principles to ensure that we become a first rate gas supplier.

“The expansion of the gas service will be developed to ensure we continue to see overall company growth and maintain the high levels of customer service expected from Opus.”

Opus Energy supplies over 50,000 UK business sites across all market sectors. Large customers include: Stagecoach, Thorntons, Farmfoods, FirstGroup, and John Lewis.

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