Open Electric’s Marc Norris and Nicola Deaney, both from Bangor, are joined by North Down residents Kitty Heavern and Aidan McLean to announce the official ‘switch on’ date for Northern Ireland’s newest power company, Open Electric, which started adding customers from this week as part of a major shakeup in the local energy market. 

Promising cheaper bills, profit share and charity support, the company started switching new customers this week

Northern Ireland’s newest power company, Open Electric, launched recently as part of a major shakeup in the local energy market.

Bangor resident and managing director Marc Norris is the bright spark behind the exciting new venture. The company’s general manager, Nicola Deaney, is also from Bangor.

Clearly differentiating themselves from all other power suppliers, Open Electric said that for the first time ever, in return for their loyalty, Northern Ireland power consumers were guaranteed a share in annual profits of 30%.

In addition, 10% of all profits will go to a charity chosen by its customers.

Open Electric has also pledged to deliver one clear and transparent price for their power with no contract tie-ins. All billing options, including the option to have a regular postal bill, will be free.

The company, which will supply electricity to homes right across Northern Ireland, was officially launched in June after getting the go-ahead from the Northern Ireland Utility Regulator and its confirmed ‘switch on’ date of October 19 means there is now a real and compelling choice for consumers in the market.

Its standard ‘One Tariff’ of 14.65 pence per KWh (including VAT*) is also one of the cheapest standard rates in the market and lower than all those offered by Power NI, the dominant supplier. This one, simple rate will also apply to every customer – regardless of meter type, payment method or billing option and unlike other electricity providers, there is no standing charge, which means consumers will only pay for what they use.

All new Open Electric customers will also receive an annual loyalty credit which will be an equal share of 30% of total net profits. Customers will also have a vote in which charities receive at least 10% of the total net profit.

To find out more information or to register your interest, please visit, www.openelectric.co.uk, email info@openelectric.co.uk or phone 02890 941 649.