Utilitywise plc Partnership Agreements
June 05 2014 - 2:01AM
RNS Non-Regulatory
TIDMUTW
Utilitywise plc
05 June 2014
5 June 2014
Utilitywise Plc
("Utilitywise" or "the Company")
Partnership Agreements
Utilitywise PLC (AIM:UTW), a leading independent utility cost
management consultancy, is pleased to announce that it has signed
two new partnership agreements, one with the British Chambers of
Commerce (BCC) and the other agreement with South West Water's
dedicated business to business brand, Source for Business.
Under the terms of the first agreement, the BCC and Utilitywise
have formed a new pilot project to work with participating Chambers
of Commerce to deliver a wide range of energy and water reduction
solutions to companies. Utilitywise will offer members of
participating Chambers access to a basket solution, the 'Chamber
Energy Alliance'. This product utilises flexible energy purchasing
to allow all organisations, regardless of size, to take advantage
of price movements within the wholesale energy market.
In addition, Source for Business has also joined Utilitywise's
Partner Channel which will see Utilitywise's services, which
include energy procurement, energy measurement, efficiency and
carbon management products and services, offered to South West
Water's 60,000 business customers.
Geoff Thompson, CEO of Utilitywise, commented: "We are delighted
to announce these important additions to our Partner Channel.
Utilities are a key cost for all businesses, big and small, and
managing these costs efficiently is a major challenge. Our products
allow us to offer business customers a comprehensive energy and
water management solution and we are confident that this will
benefit our partners' customers as well as increase the number of
businesses we can help."
For further information:
Utilitywise plc 0870 626 0559
Geoff Thompson (CEO)
Andrew Richardson (CFO)
finnCap (NOMAD and broker) 020 7220 0500
Matt Goode / Charlotte Stranner / Henrik Persson
(Corporate Finance)
Simon Johnson (Corporate Broking)
Newgate Threadneedle 020 7653 9850
Josh Royston / John Coles / Hilary Millar
About Utilitywise
Utilitywise is a leading independent utility cost management
consultancy based in South Shields, Tyne and Wear. The Company has
established trading relationships with a number of major UK energy
suppliers and provides services to its customers designed to assist
them in achieving better value out of their energy contracts,
reduced energy consumption and lower carbon footprint.
Businesses large and small rely on Utilitywise for their energy
management needs. Clients range in size from high street shops to
multinationals with thousands of sites and cover the whole of the
UK. In total, Utilitywise has over 17,000 customers and manages an
overall energy consumption of approaching 20 terra watt hours per
annum.
Utilitywise is a UK company quoted on the AIM market of the
London Stock Exchange. For more information, please visit
www.utilitywise.com.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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