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Home»Other News
Other News

Revenue up 16% at Good Energy

Increased business consumption generates £52m in first half of year
EBSBy EBSOctober 9, 20171 Min Read
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Good Energy revises Big Field

Revenue at UK renewable energy supplier Good Energy was up 16% in the first six months of 2017 to £52m (€58m), compared with £44.8m in the same period last year.

The company said “business volume consumption growth” was behind the increase.

However, gross profit was slightly lower in the period at £14.4m, down from £14.8m in 2016.

Good Energy said this was a reflection of lower gas usage and its decision to freeze prices until March.

Good Energy chief executive Juliet Davenport (pictured) said: “So far in 2017 we’ve made very good progress on the strategic direction of Good Energy by adapting our business model in a highly competitive and dynamic energy market.”

Image: Good Energy



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