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.
MoneyWeek
Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE
Sign up to Money Morning
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
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.
MM
-
Circle sets a new gold standard for cryptocurrenciesCryptocurrencies have existed in a kind of financial Wild West. No longer – they are entering the mainstream, and US-listed Circle is ideally placed to benefit
-
8 of the best converted industrial properties for saleThe best converted industrial properties for sale – from a Victorian railway station in Norfolk to a Grade II-listed former water tower with views of the River Alde
