First Utility Ranked 21st in Fast Track 100 Table

First Utility Ranked 21st in Fast Track 100 Table

ID: 128644

(firmenpresse) - LONDON, UNITED KINGDOM -- (Marketwire) -- 03/27/12 -- First Utility (), the company behind the UK's cheapest energy deal(i), recently made its first ever entry into the top 25 of the prestigious 2011 Virgin Fast Track 100. The exclusive list features the 100 British privately-owned companies with the fastest-growing sales. First Utility placed 21st nationally, and 7th amongst all Midlands-based companies.

"Making the Fast Track 100 is a real achievement for First Utility," commented co-founder Darren Braham. "We have worked hard to establish ourselves as the UK's leading independent energy supplier in a competitive market and during difficult economic times. To rank amongst the UK's top 25 fastest growing companies is a reflection on the success of our company over the last few years and the appetite for change in the UK's energy sector."

The company joins names such as Innocent Drinks, Carphone Warehouse and Ella's Kitchen in the ranks of Fast Track 100 success stories.

First Utility sales grew at 115% a year from GBP 6.1m in 2007 to GBP 60.5m in 2011, as the innovative firm pioneered throughout the UK. Today it boasts over 60,000 domestic and small-business customers, and is now planning its next steps forward.

Sir Richard Branson of Virgin, the title sponsor of the league table, commented: "2011 has been another challenging year for the UK in political and economic terms. Business has faced another tough year with uncertainty over the Euro and low economic growth. Against this economic background the strong performance of the Fast Track 100 companies is to be especially applauded."

First Utility currently offers the UK's (i) with iSave.

Learn more about First Utility tariffs at:

About First Utility

First Utility is the smarter independent utilities supplier, offering services to a range of consumer and business customers. It is the only energy provider to roll out smart meters to all its customers, throughout the UK. It is through the use of smart metering technology that First Utility can empower consumers to manage and reduce their own energy consumption and bills. First Utility is headquartered in Warwick. For more information, visit





(i)First Utility's iSave v10 is the UK's cheapest deal based on an average of all regions and average use of energy (3,300 kWh for Electricity and 16,500 kWh for gas.



Contacts:
Rachel Brewin
01869 238089 / 07879 997 886


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Bereitgestellt von Benutzer: MARKETWIRE
Datum: 27.03.2012 - 09:37 Uhr
Sprache: Deutsch
News-ID 128644
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LONDON, UNITED KINGDOM



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Alternative Energy



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