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Opus Energy helps businesses profit from their wind-turbines

11-14-2008 01:30 PM CET | Energy & Environment

Press release from: Opus Energy

/ PR Agency: Financial Dynamics
Eagle Power recommends the Opus buy-back initiative to customers

14 November 2008 – Opus Energy, the leading independent electricity supplier, is helping UK wind turbine owners to sell the excess energy they generate for profit.

Businesses across the UK are off-setting the costs of going green by selling the surplus power generated by their wind-turbines to Opus Energy. Opus Energy then uses this power to supply their customers, meaning that the proportion of cleaner energy Opus supplies to the UK is increasing.

Three facts about micro-generation:

• The cost of installing a 6kW wind turbine at a premise is around £18,500 after available grants
• At a national average wind speed (6m/s) at current electricity prices, this turbine could start to ‘pay for itself’ in its seventh year
• The smallest wind turbine installed by Eagle Power is 3.5 meters in diameter, with 2.5 kW output

Eagle Power, the wind-turbine installation company, has seen numbers of wind turbines installed double in the last year. Owner and manager John Gumbley said, “All of our customers are keen to know that they can earn ‘payback’ from their turbine. Being able to earn money from the power you generate, beyond what you use to run your property, makes green energy an attractive option.”

Forty percent of Eagle Power’s customers are businesses looking to improve their green credentials and simultaneously cut the cost of their energy bills. Having installed a wind-turbine, Eagle Power advises it’s customers to team up with Opus Energy to top up their balance sheets with the income from selling their extra power.

John said, “We recommend our customers to Opus Energy because they make it really easy for businesses to start selling their excess energy. You can talk to their dedicated customer services team directly in the UK who will work with you to ease the accreditation process. As well as being friendly and well informed about micro-generation.”

Valpy Fitzgerald, Risk Manager at Opus Energy said, “We are delighted to be working with Eagle Power to encourage micro-generation in the UK. With diminishing natural resources and the increasing price of energy, wind-turbines can provide an excellent solution to minimising both environment and business costs. Those businesses that do take the initiative to install turbines can look to buffer the effect of rising economic costs by selling back their surplus power to the Grid.”

For the months when wind speeds are lower, many businesses also choose to have Opus Energy as their electricity supplier. This way, Opus customers can off-set the cost of energy they use from the grid, with profits from the energy they sell back through micro-generation, reducing their overall annual bills.

Notes to Editors

The Government’s Low Carbon Buildings Programme (LCBP) has been actively encouraging micro-generation for households and businesses providing grants for installation since 2006. In addition, the ‘Merton Rule’ has been adopted by many local councils throughout the UK which now demand that plans submitted by developers for new non-residential buildings must include renewable energy micro-generators capable of producing at least 10% of the building’s total energy consumption directly on site.
http://www.lowcarbonbuildings.org.uk/how/stream2/

www.opusenergy.co.uk

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 become more environmentally responsible 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.

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.co.uk

About Eagle Power

Eagle Power have more than 15 years’ experience in the supply and installation of wind turbines. Their customers include homes, farms, businesses, Local Authorities and schools. Eagle Power operate out of their Yorkshire office, which is off grid and run almost entirely from a Proven 6kW wind turbine.

For further information, please see www.eaglepower.co.uk

Opus Energy Press Office

Georgina Ruttle / Susie Patterson
T. 0207 269 7255 / 7233
E. georgina.ruttle@fd.com / susie.patterson@fd.com

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