Utilitywise is a leading independent utility cost management consultancy offering energy procurement and energy management products and services to its business customers throughout the UK. The Company has established trading relationships with a number of the major UK energy suppliers. Utilitywise provides services to its customers designed to assist them in achieving better value from their energy contracts, reducing their energy consumption and lowering their carbon footprint. The Group operates from its headquarters at Cobalt Business Park in North Tyneside and currently employs approximately 1,500 colleagues across its operations.
Utilitywise is a leading independent utility cost management consultancy, providing market-leading energy services designed to assist its customers in achieving better value from their energy contracts, as well as enabling reduced energy consumption and a lower carbon footprint. The Group’s comprehensive offering services to c.40,000 clients from SMEs to multinationals across the UK and is expanding its services into Europe.
Founded in 2006 as a utility services broker, Utilitywise listed on AIM in 2012. Alongside its consistent revenue and profit growth, Utilitywise now occupies an unrivalled position in the market, yet a significant opportunity to expand still exists as every business has the potential to benefit from Utilitywise’s services. The Group has bolstered its expertise and offering through the acquisition of complementary businesses, such as Clouds Environmental Consultancy, Aqua Veritas Consulting, Energy Information Centre and t-mac Technologies. More recently, the Group announced a significant partnership with Dell to further advance its energy services offering.
Utilitywise is passionate about customer service and is proud to say that it saves its customers time, effort, and millions of pounds every year. The Group has a consistent focus on operational excellence and has implemented various strategies to demonstrate this, including investing in its Trusted Advisor position and a continued focus on the customer journey with the deployment of the Utility Management Plan. The Group’s consistently high Net Promoter Score is a testament to the hard work of its teams to ensure customer satisfaction.
With a strong management team in place, continual strategic enhancements to the business model being implemented, and robust financials, the Board is confident in its long-term growth.
Last Updated: 19 September 2017