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New Energy Switching Service For Small Businesses

7th February 2005

Powergen creates UK's first online energy switching service for small businesses

Bosses who believe that 'time is money' can now change energy suppliers in the time it takes to boil a kettle with the UK's first online 'quick quote' service for small and medium-sized businesses (SMEs) 1 from leading energy supplier Powergen.

The new service is available at www.powergen.co.uk and allows SMEs to obtain a quote in around two minutes based on their current consumption levels. If interested in joining Powergen, they can then go on to complete a full application online without having to post forms or make telephone calls.

Small and medium businesses of all types could obtain a quote in the time it takes:
· A publican to change a barrel of beer;
· A hairdresser to wait for a pair of hair tongs to heat up;
· A farmer to pull on his coat and wellies;
· A software engineer to wait for the computer to start up;
· A restaurateur to light the candles on the tables.

Powergen calculates that the average small business could save 15% or £234 a year on their energy bills by simply switching electricity and gas accounts from British Gas and from their current electricity supplier.

Powergen, which is part of E.ON UK, is the only energy company in the UK to offer such a service for SMEs.

Neil Gould, Powergen's SME Manager, said: “Bosses who log on to our new quick quote service could find this to be among the most useful two minutes they spend at work all year.

"We appreciate that busy business customers may prefer the speed and convenience of the web, so they can now choose to receive a quote and sign-up completely online – in fact, the only phone call they’ll get is one welcoming them to Powergen."

The website also contains everything needed for a business to start saving money by being more energy efficient. It contains a full downloadable guide to energy efficiency, together with practical action checklists for specific areas including heating, lighting, office equipment, refrigeration and compressed air.

According to the Government-backed Carbon Trust, businesses can save as much as 20% on their energy costs simply by being more energy efficient. That is equivalent to a 5% increase in sales5.

The Powergen website has also been redesigned to make it easier to navigate following extensive customer research. It now contains more detailed information on Powergen’s fixed price BusinessElectricityPlan product for businesses, as well as its range of products and initiatives for residential users.