Extra Energy Supply Ltd (trading as extraenergy) was an independent retail energy supplier based in
Birmingham
Birmingham ( ) is a City status in the United Kingdom, city and metropolitan borough in the metropolitan county of West Midlands (county), West Midlands in England. It is the second-largest city in the United Kingdom with a population of 1. ...
,
England
England is a country that is part of the United Kingdom. It shares land borders with Wales to its west and Scotland to its north. The Irish Sea lies northwest and the Celtic Sea to the southwest. It is separated from continental Europe b ...
. It supplied gas and electricity to domestic and small business customers. Extra Energy was part of Extra Holding, which operates in industries including telecoms, travel, insurance and energy.
History
The company was launched in the United Kingdom in April 2014 and by October of that year was the fastest-growing energy supplier in the country.
Extra Energy was founded and solely owned by Moti Ben-Moshe. The company launched in Germany in 2008, where it had more than two million customers by 2014.
The energy supplier consistently featured in "best buy" tables since it launched into the UK market by offering the best dual fuel tariffs, although it drew 1,682 complaints per 100,000 customers in the first three months of 2016, according to figures from
Citizens Advice
Citizens AdviceCitizens Advice is the operating name of The National Association of Citizens Advice Bureaux which is the umbrella charity for a wider network of local advice centres. The abbreviation CitA is sometimes used to refer to this nation ...
, which said this was "the highest complaints ratio ever recorded" in the five years since it began compiling league tables.
The company appointed Ben Jones, previously CEO of BES Utilities, as managing director of operations in 2015, and hired Richard Rose, formerly director of financial control at
RWE npower
Npower Limited is a British supplier of gas and electricity to businesses. It has been a subsidiary of E.ON UK since January 2019. The company was formerly known as Innogy plc and was listed on the London Stock Exchange and was a constituent ...
, as chief financial officer.
On 21 November 2018, Extra Energy ceased trading. The regulator
OFGEM
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automatically protected supplies and assigned
Scottish Power
Scottish Power is a vertically integrated energy company based in Glasgow, Scotland. It is a subsidiary of Spanish utility firm Iberdrola.
ScottishPower is the distribution network operator for Central and Southern Scotland, Merseyside, Nor ...
as the replacement provider for existing customers after a competitive process. The next month, Mike Denny, Matthew Hammond and Ian Green of PricewaterhouseCoopers LLP were appointed as joint administrators of Extra Energy.
References
External links
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{{Energy in the United Kingdom, companies
Utilities of the United Kingdom
Companies based in Birmingham, West Midlands
Defunct electric power companies of the United Kingdom
British companies established in 2014