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14/08/2024
Utilita Signs Wholesale Services Agreement With EDF
Utilita has signed a wholesale services agreement with EDF Wholesale Market Services, a division of EDF in the UK.
This exclusive multi-year agreement provides Utilita with a route to market service, enabling them to meet the electricity and gas requirements of their retail business and offer competitive prices to their customers.
Utilita serves more than 800,000 customers with approximately 1.5 million supply points, making it the UK’s number one pay-as-you-go energy supplier. EDF, the UK’s biggest generator of low carbon electricity and off-taker of renewable energy, will provide ready access to significant volumes of energy for Utilita’s customers at competitive prices. The facility includes access to a comprehensive range of products across the trading horizon, allowing Utilita to manage its customer demand profile efficiently and sustainably.
Stuart Fenner, Commercial Director, Wholesale Market Services at EDF, stated: "We are delighted to partner with Utilita as its exclusive Wholesale Market Services provider. This collaboration underscores our commitment to delivering innovative solutions as we expand our services to a range of market participants. With our extensive wholesale market experience and expertise, we are excited to support Utilita in optimising its market position and navigating the dynamic energy landscape. We look forward to working with Utilita over many years and seeing the positive impact this partnership will bring."
This exclusive multi-year agreement provides Utilita with a route to market service, enabling them to meet the electricity and gas requirements of their retail business and offer competitive prices to their customers.
Utilita serves more than 800,000 customers with approximately 1.5 million supply points, making it the UK’s number one pay-as-you-go energy supplier. EDF, the UK’s biggest generator of low carbon electricity and off-taker of renewable energy, will provide ready access to significant volumes of energy for Utilita’s customers at competitive prices. The facility includes access to a comprehensive range of products across the trading horizon, allowing Utilita to manage its customer demand profile efficiently and sustainably.
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Stuart Fenner, Commercial Director, Wholesale Market Services at EDF, stated: "We are delighted to partner with Utilita as its exclusive Wholesale Market Services provider. This collaboration underscores our commitment to delivering innovative solutions as we expand our services to a range of market participants. With our extensive wholesale market experience and expertise, we are excited to support Utilita in optimising its market position and navigating the dynamic energy landscape. We look forward to working with Utilita over many years and seeing the positive impact this partnership will bring."
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