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Free smart energy meters for Opus Energy customers

19 March 2008

Opus Energy, the independent supplier of electricity to UK businesses, has today collaborated with Bglobal plc (AIM: BGBL), the smart metering and energy data services company, in a £3m deal which will see Opus Energy as the first energy company in the UK to offer smart meters free to all its customers.

The contract with Bglobal includes the delivery of electricity smart metering, remote data collection and meter operations for all Opus Energy’s customers. Opus Energy is planning a fast roll-out of the service to its customers, with the first batch of 5,000 being installed now. Opus Energy is the first energy company to make smart meters available to all its customers free of charge. Smart meters allow businesses to proactively manage their electricity consumption, by providing accurate up to date meter readings. Customers can then choose to streamline their energy usage, saving costs and reducing their carbon footprint.

Figures released by The Carbon Trust state that smart meter technology has the potential to save UK SMEs £300m every year. In addition, a possible 5.m tonnes of CO2 could be saved each year – the equivalent to the entire carbon footprint of Bristol.

Charlie Crossley Cooke, managing director of Opus Energy said: “Following on from a successful pilot initiative, customers are most impressed with the accuracy of their bills. The smart meters provide up-to-date meter reads which means that customers can have access to detailed information about their energy consumption. This is an essential step for customers wanting to reduce their costs through energy saving initiatives. With so many benefits for our customers, we are committed to making this type of technology available; our partnership with Bglobal will strengthen our ability to roll them out faster”

Tony Stiff, commercial director at Bglobal said: “We are delighted to be working with Opus Energy on this important project. Our market leading position with the right technology at the right price makes it now very cost effective for energy companies like Opus Energy to provide new and enhanced services to differentiate them in the supply of electricity. Our cost model made it possible for Opus Energy to provide smart meters free of charge to its customers which was a crucial requirement for the company.”

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