Good Energy reports positive growth

Renewable electricity supplier Good Energy has reported positive growth in the first six months of the year, despite difficult market conditions.

The Wiltshire-based company increased revenue by 29 per cent and operating profit by 33 per cent on the same period a year earlier, following a rise in customer numbers in the first half of 2009.

The group also reported a seven per cent increase in the sales of its electricity compared with the previous year and attributed the positive results to the government’s support of a low-carbon economy.

Juliet Davenport, Good Energy’s chief executive, said: ‘It has always been our mission to make it easier for individuals who are concerned about climate change to make a difference by reducing their personal carbon footprint and supporting the growth of renewable generation.

‘The fact that our customer numbers have grown during a recession shows that we are really making progress towards this goal and that environmental concerns remain a high priority for consumers.’