Category Archives: Services

Electricity, Energy, Projects, Services, Waste Management

Household Energy Bills to Hit Almost GBP5k in 10 Years Time

Consumers are being warned today that they could be facing annual energy bills of almost £5,000 a year by 2020. The shock forecast from uSwitch.com, the independent price comparison and switching service, is based on pricing trends over the last 5 years and takes into account the huge investment programme shortly to be undertaken by the energy industry and Government. The investment, expected to total £233.5 billion, will secure the country’s longer-term supply and enable the roll-out of smart metering into all homes, but will add £548 a year onto household energy bills for the next 15 years.

uswitch

Looking at pricing trends alone, consumers could expect energy bills to reach £4,185 by 2020. This strips out the cost of investment, but factors in inflation and volatility in the wholesale markets, as seen by suppliers over the last 5 years. Since 2004, global demand for energy and volatility in wholesale prices have contributed to a 114% increase in household energy prices, including a 42% or £381 increase last year. The overall effect has been to see household energy bills more than doubling from £580 in 2004 to £1,243 today.

Volatility is expected to continue to be a dominant theme in the energy market going forward. Although the current world-wide recession is dampening demand for energy, the recession is due to end by 2011/12, when global demand for energy can be expected to start climbing again. Power hungry economies, such as China and India, will be returning to strength, resulting in an upward pressure on wholesale energy prices. At the same time, North Sea oil will start to run out adding greater pressure on the market. Wholesale energy prices account for around 50% of a household bill so continuing volatility will have an impact on the amount consumers will pay.

As well as upward pressure on household energy bills, there will be downward pressure too. The Government’s drive to make British households more energy efficient will start to pay dividends. But, instead of reducing bills it will serve to counterbalance other factors pushing energy usage up, such as the growth in single person households, Britain’s ageing population and growing reliance on electrical gadgets.

Ann Robinson, Director of Consumer Policy at uSwitch.com, says: “This is a wake-up call for us all. The £5,000 a year energy bill may seem like an outside possibility, but we have to remember that energy bills doubled in the last five years alone and that the huge investment needed just to keep the lights on in Britain will alone add £548 a year onto our bills. The fact is we are entering a new era of high cost energy and households will have to adapt their behaviour accordingly.

“The Government has been banging the drum for energy efficiency for a while now, but consumers have been reluctant to spend money on these measures. As a result, energy efficiency has been massively underperforming even though it is one of the biggest defences we have against escalating energy costs. We also have a competitive energy market, and yet less than 5% of consumers are on the most competitive energy plans – most people are paying far more than they have to for the energy they use.

“This has to change. My advice to consumers is to invest in making your home more energy efficient, reduce the amount of energy you use and make sure you are paying the lowest possible price for it. Big projects such as a new energy efficient boiler or home insulation can be expensive, but the savings you make through cutting the price of your energy could be re-invested into energy efficiency measures so that you reap even greater rewards in the future.

“Don’t be put off. If cost is an issue, speak to your supplier to see if they can help – they have a pot of money available to help households with energy efficiency. Or contact the Energy Saving Trust for advice. The key thing is to start future-proofing yourself against higher energy bills now.”

About uSwitch:

uSwitch.com is a free, impartial online and telephone-based comparison and switching service, helping consumers compare prices on gas, electricity, water, heating cover, home telephone, broadband, digital television, mobile phones, personal finance products and car insurance.

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Alternative Fuels, Clean Energy, Energy, Green Energy, Hydrogen Power, Renewable Energy, Services

Auto Industry Veteran Joins Free Flow Power as Vice President of Manufacturing

Free Flow Power Corporation, a hydropower and hydrokinetic renewable energy company, welcomes the addition of Robert Mamo as Vice President of Manufacturing for its wholly-owned subsidiary, Free Flow 

Power Technology LLC. Mr. Mamo will oversee the manufacturing of the SmarTurbine Generator, which extracts energy from moving water without building new dams or diversions or causing other adverse environmental impacts.

Mr. Mamo was previously a Director in Lear Corporation’s International Automotive Components Group, where his responsibilities included products developed for Toyota and Lexus in North America. His experience includes 20 years at Lear, Textron, and GM where he led engineering teams that brought over 40 products from design to large-scale manufacturing.

Daniel Irvin, CEO of Free Flow Power Corporation, commented, “We are excited that Bob has decided to join Free Flow Power. High volume manufacturing is a critical part of our plans to make hydrokinetic generation cost effective. We decided some time ago that the person we needed was likely going to be from the auto industry. For all of its challenges, Detroit is the world leader in cost-effective, high-volume manufacturing. The knowledge and experience that Bob brings us from that industry would be hard to find anywhere else.”

Mr. Mamo remarked, “I wanted to move into an industry with more growth potential, but where my manufacturing experience was relevant. I looked at a lot of different opportunities, and I did a lot of diligence. Free Flow Power’s technology and its team are really exciting to me.”

About Free Flow Power Corporation
Free Flow Power Corporation is a hydropower and hydrokinetic generation company operating through two subsidiaries. Free Flow Power Technology LLC is manufacturing SmarTurbine Generators to capture energy from free flow water in rivers, tides, currents and man-made structures. Free Flow Power Development LLC is developing hydropower and hydrokinetic generation projects in the US, primarily in the Mississippi River Basin.

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Alternative Fuels, Energy, Energy Conservation, Heating, Services

Combined Cycle Performance Analysis Announces A Presence In Asia

COMBINED CYCLE PERFORMANCE ANALYSIS can work more closely with its clients in Asia. Located in Central Thailand, makes it very convenient to all countries in Asia.

The company provides consulting to the Combined Cycle power industry. Services include Plant Performance Evaluations, training, and custom consulting.

With fuel prices near record levels, it is imperative that plant owners and operators focus on Plant Performance. Combined Cycle Performance Analysis will assist you in keeping your company’s plant operating at it’s best. With a combination of a plant evaluation and a dedicated on site training session, your company can be assured that the Plant Performance is optimum.

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Alternative Fuels, Clean Energy, Electricity, Electricity Generation, Energy, Energy Conservation, Energy Distribution, Energy Saving Appliances, Green Energy, Heating, Renewable Energy, Services

Nationwide search for new energy saving inventions and ideas

npower has conducted a new study which reveals that 40% of adults are convinced they have come up with a great idea or invention that they hope could make them rich.

The study, commissioned by leading energy company npower to launch Britains Bright Ideas, a nationwide search for new energy saving inventions and ideas, also revealed that over one in four men (26%) now regularly devise new creations. A further 40% of all adults surveyed were spurred on to try inventing due the current economic climate.

npower has linked up with Wallace & Gromit in its new adverts, and it seems the British public shares the animated duo’s have-a-go approach to innovation. But, while Wallace is caught out by his inefficient boiler in the latest ad, 36% of the British public are intent on concocting contraptions that reduce household bills, saving both energy and money.

The findings also suggest pillow talk is a thing of the past, with almost half (46%) of budding British inventors generally devising their ideas in bed, while a further 16% of men have their light bulb moment on the loo.

Adults are more aware than ever of the importance of energy efficiency in protecting the planet and their pockets, with 82% agreeing that new energy saving ideas should receive more support. In response to the research, npower is urging enterprising adults to act on their inspiration by entering their top energy saving devices, gadgets and clever thoughts into the Britain’s Bright Ideas competition.

Notes to Editors:
All figures, unless otherwise stated, are from YouGov Plc. Total online sample size was 2224 adults. Fieldwork was undertaken 9th – 14th April 2009. The figures have been weighted and are representative of all GB adults (aged 18+).

About npower 
npower is one of the UK’s largest electricity suppliers and has 6.6 million customer accounts across the UK. npower sponsors the 2009 npower Ashes Series in England, Women’s Test Series, the Twenty20 Cup and Village Cup.

RWE npower has been awarded the prestigious CommunityMark from Business in the Community (BITC). npower is the only utility business, amongst 21 other companies in the UK, to receive this accolade. The CommunityMark is a new BITC standard which has been created to recognise companies that are good investors in local communities and who have brought about real and positive changes.

The npower Active programme, which is run in partnership with the English Federation of Disability Sport, has been awarded a prestigious ‘Silver Big Tick’ by Business in the Community.

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Clean Energy, Energy, Green Energy, Renewable Energy, Services, Solar Power

Increasing Demand For Energy Efficiency Specialists

According to Hays, the specialist recruitment company, a drive to reduce carbon emissions on new and existing buildings, in order to meet energy efficiency targets, has led to an increased requirement for qualified individuals with experience and knowledge of sustainability and energy efficiency.

“Employers are keen to bring on board building services professionals with cutting-edge knowledge of new energy efficient and low carbon systems,” commented Rebecca Coen, Senior Manager at Hays Building Services.

Low Carbon Consultants (LCC) is one such group of professionals who advise on the design and operation of commercial buildings to meet the highest energy efficiency standards complying with Part L (Conservation of Fuel and Power) of the Energy Performance in Buildings Directive (EPB). LCCs can subsequently qualify and attain the Low Carbon Energy Assessor (LCEA) grade.

Qualifications in this field have risen in popularity and there are a number of graduate and postgraduate degrees. These qualifications can make a significant difference to those looking for building services jobs, particularly during the current downturn.

“Achieving LCC status not only means that individuals can command better salaries but these specialsts can make a real difference to consultancies and bring in much-needed project work,” added Rebecca Coen.

LCC and Part L skills can also be easily transferred from the private to the public sector, where buildings, such as schools, hospitals and libraries of a certain size need to conform to the Energy Performance of Buildings Directive (EPBD) and have appropriate Display Energy Certificates (DECs). The regulations will affect all buildings and therefore those with low carbon and energy efficient designs will add to the property’s value. There is also demand for heating systems engineers with experience of bio-mass and bio-fuel boilers, which are practically carbon neutral. As well as the technical skills and prior experience, consultancies are looking for engineers who can come up with new ways of developing these systems.

“Contractors and consultants are thinking strategically about how they can win business and public sector investment specific for the projects they’re tendering for. They’re looking for people with MOD, NHS, schools experience – these are great selling points. There is also demand in estates teams within hospitals for electrical, M&E engineers and contracts managers,” noted Rebecca Coen.

Chartership and qualifications are now more important than ever and employers are looking for people who can demonstrate a long-term commitment to the building services industry. Employers want people to push their business forward and want to see evidence of the projects they’ve worked on, their involvement, and importantly where they can add value to their business. Prior experience of innovative examples of the implementation of energy saving technology should always be included when applying for jobs in building services.

A solid Continuing Professional Development (CPD) record is especially important in the current market, “Individuals must pay close attention to their career development. There are many monthly meetings held across the UK by organizations such as the CIBSE, HVCA and the ECA – attendance is free and individuals should take advantage and supplement their CPD,” concluded Rebecca Coen.

 

About Client:
Hays Building Services is part of Hays plc and specialises in a range of building services roles including electrical engineering jobs, sustainability jobs and project management jobs. It is market leader in the UK and Australia, and one of the market leaders in Continental Europe. The Group employs 8,294 staff operating from 380 offices in 27 countries across 17 specialisms.

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Clean Energy, Electricity, Electricity Generation, Energy Conservation, Energy Distribution, Green Energy, Power Supplies, Renewable Energy, Services

Opus Energy Signs Halfords To Reach A Total Of 50,000 UK Business Sites

Opus Energy, the independent supplier of electricity to UK businesses, has recently signed Halfords, bringing 

the total number of UK business sites it supplies up to 50,000.

Now the largest electricity supplier to UK businesses outside the Big Six, Opus Energy has expanded further in the last 12 months:

  • Electricity supplied to an extra 10,000 UK business sites in the last 12 months
  • 26% year on year growth

Halfords has entered into a two year contract with Opus Energy, with the supply starting in April 2009. Opus Energy will provide 52GWh to the bicycle and motoring specialist chain, across 440 sites.

Opus Energy is attracting a growing number of large corporate customers through the development of a unique wholesale purchasing platform, Opus Evolution.

Opus Evolution gives companies control of their energy purchasing strategies, enabling them to choose how much energy they purchase and when. For example, in a volatile market companies using Opus Evolution have the flexibility to purchase a smaller percentage of their total energy demand over a number of purchases rather than being restricted to one buying opportunity per year. Opus Evolution offers an alternative to a fixed price contract for the first time to this sector,

Andy Taylor, Commercial Manager at Halfords said: “Opus Evolution will be a very useful tool for us. We can control our energy purchasing across the whole portfolio, but also monitor the consumption levels at each site using the online reporting tool. This is really key for us as a retail company with a large number of active sites to manage.”

Steve James, Commercial Director for Opus Energy said: “We’ve drawn on extensive retail sector experience to provide a tailored solution for Halfords. Opus Evolution will give Halfords control over their energy needs and projected spend, but we as a team can also help them on a day to day basis. They will benefit from a single point of contact at Opus to simplify account management, and as Halfords are a growing company we can help by quickly connecting new sites to their expanding portfolio.”

On the news that Opus Energy is now supplying 50,000 business sites across the UK,Charlie Crossley Cooke, MD and founder of Opus Energy said: “It’s fantastic to reach this landmark. Customers are our core business and we re-sign a very high number of our accounts as a result of a focus on excellent customer service. We’ve grown the Opus Energy business by listening to our customers’ needs and finding solutions. The Opus Evolution product is a great example of this – a unique answer to a market wide problem. It is this type of innovation which will help us continue to expand into 2009.”

About Opus Energy

Opus Energy is a leading independent supplier of electricity offering tailor-made solutions for the UK SME and corporate markets. Its market-leading innovations are driven by customer needs and the company is committed to helping businesses reduce their carbon footprint through procurement of energy from cleaner sources.

Opus Energy supplies 50,000 UK business sites across all sectors. Large customers include: Stagecoach, Thorntons, Farmfoods, FirstGroup, Cumbria County Council and Deloitte & Touche.

Over the last two years (between April 2006 and March 2008), 62% of the energy supplied by Opus Energy to its customers came from cleaner, low-carbon sources – 54% from renewable generators and 8% from cleaner Combined Heat and Power (CHP) produced by CHP generators. These CHP generators have been awarded accreditation by the regulator, Ofgem, for producing cleaner, more environmentally friendly power.

Opus Energy’s management team has a 50 percent stake in the business, while International Power Plc (LSE:IPR.L) holds 30 percent and Telecom Plus Plc (LSE: TEP.L ) has 20 percent. With offices in Northampton and Oxford, it employs 200 people.

For further information about Opus Energy, please see www.opusenergy.com For further information about Opus Evolution, please see http://opusevolution.opusenergy.com

About Halfords
The Group employs in excess of 10,500 staff and sells over 10,000 different product lines, ranging from car parts and cycles through to the latest in-car technology, alloy wheels, child seats, roof boxes and outdoor leisure and camping equipment.

Halfords’ own brands include Ripspeed, for car enhancement and Bikehut, for cycles and cycling accessories, including the Apollo and Carrera brands. Two further premium brands were added during 2008; Boardman cycles and accessories, where Halfords has exclusive UK distribution rights, and URBAN Escape for camping equipment. Operating from 455 stores, including four stores in the Czech Republic, 25 smaller format, neighbourhood stores and six standalone cycle stores, Halfords offers a “wefit” service for car parts, child seats, satellite navigation and in-car entertainment systems, and a “werepair” service for cycles. Halfords: shop in store, buy on line, or use the new “Reserve & Collect” service to acquire products on line at www.halfords.com.

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Clean Energy, Electricity, Electricity Generation, Energy, Energy Distribution, Green Energy, Renewable Energy, Services

Npower juice fund sponsored pioneering wave power device that could provide a major breakthrough in the drive to hit sustainable energy

Npower juice fund sponsored pioneering wave power device that could provide a major breakthrough in the drive to hit sustainable energy targets is a step closer to commercial use after tests proved the system is highly effective.

Green Ocean Energy Ltd, the Aberdeen-based renewable energy company, has developed a wave power machine which uniquely attaches to an offshore wind turbine thereby giving combined wind and wave power from one installation.

The company was able to develop its ground breaking Wave Treader technology after securing £60,000 of funding from npower’s Juice fund – a unique scheme that supports the development of wave and tidal technology.

The financial backing enabled the company to put the device through a feasibility study into its commercial electricity generating application. The Wave Treader has since achieved proof of concept and a full size prototype could be ready for testing in 2010.

Managing director of Green Ocean Energy, George Smith, said: “We have drawn on our extensive skills and experience in the energy sector to develop this technology. The support we have received from npower through the juice fund has enabled us to take a huge step forward in preparing the device for widespread use in the offshore environment. These are exciting times for the company and we look forward to eventually seeing the device incorporated into offshore wind farms.

“The Wave Treader has the potential to significantly increase sustainable energy generation both in the UK and around the globe. If we’re going to reach the Government’s target of generating 20% of the UK’s energy from renewable sources by 2020 it’s essential that a range of sustainable sources are put into widespread use.”

Green Ocean Energy was established in 2005 with the aim of generating ample, clean and sustainable energy by harnessing marine energy in ways that are harmonious to the environment and economically viable.

Each Wave Treader machine generates approximately 500 KW which is enough electricity to power 125 homes.

Helen Steed of npower’s Juice fund commented: “We are delighted with the results of the Green Ocean Energy Wave Treader. The device is the first of its kind, and shows tremendous potential in utilising existing off-shore infrastructure to generate clean renewable energy. This is exactly the type of project that npower juice fund was developed for.

“Research and development are the cornerstones of the npower juice fund ethos, and provide additionality to npower juice. For every customer that joins npower juice, npower invests £10 per year per customer into the juice fund. To date npower juice fund has invested £2m into the development of marine renewable industry”

The Wave Treader has been developed using the core concept of a stand alone wave power device called Ocean Treader which is also being developed by the company. Mounting the device on the foundation of an offshore wind turbine makes that technology more commercially viable because of the relatively low technical risk.

Uniquely, Wave Treader can turn to face the direction of the wave train to ensure maximum operational efficiency. It also has active on-board adjustments to allow for the effects of tidal range.

With a design life of 25 years the machines have been designed to ensure they are highly reliable and use standard marine equipment.

The company is now looking to attract further investment to enable continual development of the company’s products.

About Green Ocean Energy
Green Ocean Energy was established in 2005 with the aim of generating ample, clean and sustainable energy by harnessing marine energy in ways that are harmonious to the environment and economically viable. The company based in Carden Place, Aberdeen, is currently developing two wave power machines called Wave Treader and Ocean Treader for commercial use. Ocean Treader is a floating device designed for stand alone use in ocean wave systems.

 

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Older Generation Are More Likely To Take Energy And Money Saving Steps

Over 55s are 25% more likely to shrink their monthly bills by being energy efficient than the younger generation, according to a new survey from Opus Energy, an independent electricity supplier for UK businesses.

The survey asked over 500 people about the energy saving steps they take both at home and at work. The findings showed that when it comes to tightening belts this Christmas the “baby boomer” generation are steps ahead of younger generations. Having lived through two recessions and grown up in post-war Britain, the over 55s are well versed in making those small steps that add up to real financial savings.

The results showed that the over 55s are well versed at making efficient use of modern technology. In the workplace, the baby boomers are three times more likely than dilligently switch off phone chargers when not in use, with 43% switching of compared to just one in ten (13%) of under 25s making the effort.

The baby-boomers also have the most ‘efficient’ tea breaks at work with more than half the over 55s (55%) taking care not to boil more water than they need each time compared to under a third (27%) of under 25s.

Even though two thirds (66%) of young Brits claim they are switching to energy saving bulbs to help curb costs at home, a staggering nine out of ten (88%) over 55s said they had already made the energy efficient swap.

Under 25s were also more likely to think that making a business or a home energy efficient would increase its running costs. But as the baby boomers are clearly demonstrating, when energy costs are high and belts are tightening, small energy saving steps can be enough to equate to big savings.

Louise Boland, Director at Opus Energy said:

“It’s clear that having lived through two recessions, our older generations are more adept at taking steps to save on their energy usage to cut their bills. What is interesting is that the older generations have really embraced the energy saving benefits of modern technology, to an even greater degree than their younger counterparts.

“Technology such as energy saving bulbs can be more expensive in the short term, but over their life time will save you up to £35 in electricity costs. It’s a myth that being more environmentally friendly has to be more expensive. At Opus Energy, we source over half our energy from renewable generators and cleaner, low-carbon sources as standard. This way all the businesses we supply enjoy cleaner energy with minimum fuss and no extra cost.”

About Opus Energy
Opus Energy is a leading independent supplier of electricity offering tailor-made solutions for the UK SME and corporate markets. Its market-leading innovations are driven by customer needs and the company is committed to helping businesses reduce their carbon footprint through procurement of energy from cleaner sources.

Opus Energy has over 40,000 customers across all sectors. Large customers include: Yell Group, Thorntons, Farmfoods, Cumbria County Council and Deloitte & Touche.

Over the last two years (between April 2006 and March 2008), 62% of the energy supplied by Opus Energy to its customers came from cleaner, low-carbon sources – 54% from renewable generators and 8% from cleaner Combined Heat and Power (CHP) produced by CHP generators. These CHP generators have been awarded accreditation by the regulator, Ofgem, for producing cleaner, more environmentally friendly power.

Opus Energy’s management team has a 50 percent stake in the business, while International Power Plc (LSE:IPR.L) holds 30 percent and Telecom Plus Plc (LSE: TEP.L ) has 20 percent. With offices in Northampton and Oxford, it employs 200 people.

For further information, please see www.opusenergy.com

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Npower Calls On Small Businesses In The UK To Be More Energy Efficient And Save Up To 20 Per Cent On Energy Bills

Small businesses in the UK are being urged to be energy efficient and save up to 20% on energy bills as the economy continues to bite.

The call comes as energy company npower completes a series of small business energy makeovers which have shown that saving energy is often one of the easiest ways of reducing costs and can be done through simple steps that together make a big difference.

npower’s energy efficiency makeovers have helped four businesses cut their energy spend by £1,200 and, at the same time, reduce CO2 output by almost 4.9 tonnes. With many SMEs facing difficult trading and financial uncertainty, npower believes these energy efficiency measures serve as examples of the cost savings that can be achieved in all workplaces.

Reducing the air conditioning temperature setting in a pub by a mere 2 degrees C will provide a cost saving of some £232 a year, while energy saving measures implemented at a printing press will be enough to cover the running costs of one of its machines everyday for nearly four months. Simply defrosting the fridge freezer and replacing lighting will contribute to cutting a car auction’s energy bill by £300, while draught proofing doors and changing light bulbs in a shop could lead to savings of £400 on its energy bills.

npower’s team of energy saving experts visited the range of businesses – including a pub , small printers, car auction and a shoe repair shop – to offer practical assistance to reduce energy consumption .

The team replaced light bulbs with energy saving equivalents; defrosted fridges and freezers; switched kettles to eco-friendlier alternatives; adjusted air conditioning and fitted reflective radiator panels; fitted timers to electrical equipment to switch if off when not in use; draught-proofed doors and even installed a wind-up radio and solar powered phone charger, substituting them for existing electric equivalents

“At times like these, every penny counts and we’ve demonstrated simple steps that small businesses in any sector can undertake to save money.” said Steve Fitzsimons, business energy manager at npower.

“Our recent survey has shown 60% of British adults believe that energy is being wasted in their businesses yet when you’re busy running your company it can sometimes seem difficult to dedicate time to cutting costs. Putting in place a range of energy saving measures for little or no cost will cut their energy bills without compromising operations,” added Fitzsimons.

Businesses wanting advice on cutting energy bills should visit npower, where they can sign-up to receive an advice pack and free Current Cost monitor, which will help them track how energy is being used.

About npower:
npower is dedicated to helping UK businesses use energy more efficiently and therefore spend less money on their bills. npower aims to have a positive impact on the communities it serves and reduce customers’ carbon footprints whilst always improving the service to customers.

npower specialises in risk management solutions, including market-leading flexible energy purchasing, energy efficiency, and broader energy management functions, tailored to every size of business. For major energy users, npower offers multi-utility management consultancy to enable organisations to improve efficiencies right across the procurement/consumption chain.

npower is committed to helping its small business customers to improve their energy efficiency. Since 2006 the ‘e3’ campaign (standing for energy, efficiency, environment) npower has offered business customers advice and guidance on reducing energy consumption. New business customers receive an energy monitor designed to improve their consumption awareness as well as access to a dedicate energy efficiency telephone helpline and website.

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Opus Energy, A Leading Independent Supplier Of Electricity To UK Businesses, Is Celebrating The Success Of Opus Evolution

Opus Energy, a leading independent supplier of electricity to UK businesses, is celebrating the success of its market-leading online energy purchasing system, which was launched just over 12 months ago but is already responsible for 25% of its turnover and has added over 3,000 sites through new customers.

In September 2007, Opus Energy unveiled a UK market-first when it launched Opus Evolution, its advanced online electricity purchasing product for the non Half Hourly metered markets. This pioneering solution, developed and offered exclusively by Opus Energy, is unique to the non Half Hourly metered market sector and allows the customer to fix their electricity demand directly with the wholesale market. Customers are able to manage their portfolio of sites, seeing real-time data and historic information at a time, and in a location, that is convenient to them. The product enables multi-site corporate customers to move away from fixed pricing agreements and offer them the flexibility to implement their own energy purchasing strategies.

Since its launch, Opus Evolution has proved immensely successful in attracting new business and retaining existing customers. By creating access to a market segment that was previously unavailable to the smaller supplier, Opus Energy has been able to attract a host of household brands. Early adopters include Farmfoods, Goodyear Dunlop Ltd, Thorntons Plc, Stagecoach Plc and First Group Plc. These amongst others have helped to cement Opus Energy as not only a real alternative to the major incumbent suppliers, but a market-leader in its field.

Steve James, Commercial Director at Opus Energy, said: “We are delighted by the reception Opus Evolution has had over the last 12 months. The uptake has been more than 200% of the initial target and it is incredible to think that this solution is now responsible for a quarter of our business turnover.

“Without doubt, Opus Evolution helps distinguish Opus Energy as a market-leader amongst our peer group. It showcases us as an innovative and flexible independent supplier that is able to quickly meet the demands of both SME and corporate customers.

”We are in no way standing still with Opus Evolution and we are continuing to look at ways of enhancing it in order to better equip our customers against the volatile energy market.”

About Opus Energy
Opus Energy is a leading independent supplier of electricity to UK businesses, based in Northampton. It has over 40,000 customers across the country, including Yell Group Plc, Stagecoach Plc, Thorntons Plc, Farmfoods and Deloitte & Touche LLP. Opus offers companies best-price electricity together with tailored customer care. Its flexible, tailor-made solutions suit businesses across the SME and larger corporate market.

Between April 2006 and March 2007, 66% of the energy supplied by Opus Energy to its customers came from cleaner, low-carbon sources – 47% from renewable generators and 19% from cleaner Combined Heat and Power (CHP) produced by CHP generators.

Opus Energy’s management team has a 50 percent stake in the business, while International Power Plc (LSE:IPR.L) holds 30 percent and Telecom Plus Plc (LSE: TEP.L ) has 20 percent.

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Energy, Oil & Gas, Products, Services

Many struggling oil and gas producers have big ideas, but may find their projects postponed indefinitely or pass them by while they struggle to find funds, not anymore

Commonwealth Capital Advisors (CCA) reached yet another milestone when it released a new software module of Financial Architect®. OIL & GAS Producer™ is revolutionizing the way start-up and early-stage Oil & Gas producers are raising substantial amounts of capital using the techniques of Wall Street investment banks.

OIL & GAS Producer™ is an addition to the highly acclaimed Financial Architect® for operating companies that simplifies equity financing for start-up and early-stage companies. The easy-to-use software based OIL & GAS Producer™ generates the required securities offering documents and investor leads, which enable start-up and early stage Oil & Gas producers, Oil & Gas Drillers and Field and Production Engineers raise and manage an unlimited amount of capital for oil and gas acquisition and or production.

CCA is a ten-year-old investment banking advisory firm comprised of Wall Street Investment Bankers, Securities Attorneys and CPAs who invented Financial Architect®, a patent pending system designed to substantially reduce the cost (in time and money) of raising capital, through the selling of securities.

“The goals of Financial Architect®, and the module we’re announcing for oil and gas production companies are simple,” said Timothy Hogan, CCA’s Chairman and CEO. “We want to help entrepreneurs involved in the oil and gas industry to significantly lower the costs and increase the speed of raising equity capital. Just as important, we want to provide oil and gas producers and their professional management teams with an easy-to-use expert system that will enable them to choose the right deal structure for the capital they need, and manage those funds in compliance with federal and state securities laws, rules and regulations.”

“We believe there’s significant and growing demand among entrepreneurs for control over their financing strategies. The software components of Financial Architect® are designed to meet this ‘do-it-yourself’ approach,” he concluded. More importantly, Commonwealth Capital Advisors has developed and now provides

Financial Architect® as the Premier Expert System for start-up, early-stage and seasoned companies, that seek capital. The patent pending, software based, Financial Architect® is a system and method of reducing the cost of raising capital, as so states the abstract of its patent application.

Financial Architect® enables entrepreneurs to: valuate their company pre and post-money; create “marketable deal structures” for securities to be offered that are designed to sell into today’s private equity markets; create the required securities offering documents compliant with federal and state securities laws, rules and regulations; and access to accredited “angel” investors, private equity funds, hedge funds, registered investment advisors, broker-dealers and many other sources of capital, around the world, that have a specific interest in funding start-up and early-stage companies. Access to investors, more Wall Street secrets and techniques, as well as, regulatory guidance is located in the password-protected “Commonwealth Capital Club” located on CCA’s website and is part of Financial Architect®.

“When it comes to raising capital, there are no guarantees — only degrees of probability. To further ensure success, simply increase the probability to the highest degree possible. Financial Architect® is designed to increase your probability of raising capital to the highest degree possible. How can we make such a claim? Because this is the Wall Street process and without it, Wall Street wouldn’t exist. We’ve simply brought the “Wall Street” process to “Main Street” companies.”

Timothy D. Hogan, Founder & CEO: Commonwealth Capital Advisors “When it comes to raising capital, there is no simpler way to explain how to effectively raise substantial amounts of capital while maintaining voting control. If you read just the first 2-Chapters of the Ebook, “The Secrets of Wall St. – Raising Capital for Start-Up and Early Stage Companies,” it would be time well spent. By doing so, you will be able to make an informed decision if our process is right for your company’s capital raising needs. At a minimum, you will save a significant amount of time, money and headaches trying to figure out how the world of capital really works,” Hogan concluded.

If you have not been through the process before and have a limited appreciation and understanding of it, then we suggest you educate yourself first, by reading the abridged edition of: “The Secrets of Wall Street – Raising Capital for Start-Up and Early Stage Companies.” (It’s Complimentary)

Entrepreneurs around the world are revolutionizing the way capital is raised using Financial Architect®.

Via EPR Network
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