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GOOD ENERGY GROUP PLC
Most Recent Company Statement

The company announced Interim Results for the six months ended June 30th 2010. Highlights include:

  • Increased customer numbers for both gas and electricity;
  • Improvement in financial results;
  • Good Energy named best electricity supplier in Which? consumer survey in March 2010;
  • Re-powering of Good Energy’s wind farm at Delabole;
  • Introduction of the Feed-In-Tariff by the Government;

For the first half of 2010, revenues were up on the same period last year by 5.5%. In addition, the company reported a profit before tax (un-audited) of £365,254, an increase of 34% compared to the same period last year.

Commenting on the results, Juliet Davenport, Chief Executive of Good Energy Group, said:

"We are delighted with these results in what continue to be challenging economic times. Along with the positive policy commitment we have seen from the Government, these results show that people continue to understand the importance of buying and generating renewable energy, which bodes well for the future. We believe that millions of households, businesses and other organisations want to do more to make a difference to climate change. We will continue to work to provide the highest standards of customer service and to deliver on all forms of renewable energy, whether through supply or support for micro-generation.”

Enquiries:
Good Energy Group PLC +44 845 601 1410
Juliet Davenport (CEO)
Garry Peagam (Group Financial Director)
www.goodenergy.co.uk


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