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Energy efficient boiler developer Energix Group said it had successfully entered a crucial phase to test the processes and IT systems of Kingston Energy, its retail energy provider.
The company has processed its first batch of energy customers as part of the Controlled Market Entry (CME) phase, a prerequisite for any new entrant wanting to supply electricity to consumers.
During the process Kingston Energy has to prove it has the full end-to-end processes and robust IT systems in place to be an energy supplier.
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The firm will take on up to 100 energy customers over a three month period with the CME process expected to complete in January 2013.
"We are confident that the next three months will demonstrate that, having extensively tested the robustness of our systems, processes and customer services, they will be proven in an operational environment," said Tony Stiff, Managing Director of Kingston Energy.
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Get the latest financial news, insights and expert analysis from our award-winning MoneyWeek team, to help you understand what really matters when it comes to your finances.
MoneyWeek is written by a team of experienced and award-winning journalists, plus expert columnists. As well as daily digital news and features, MoneyWeek also publishes a weekly magazine, covering investing and personal finance. From share tips, pensions, gold to practical investment tips - we provide a round-up to help you make money and keep it.
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