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, within the wider West Midlands (region), West Midlands region, in England. It is the Lis ...

England England is a Countries of the United Kingdom, country that is part of the United Kingdom. It is located on the island of Great Britain, of which it covers about 62%, and List of islands of England, more than 100 smaller adjacent islands. It ...

. 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 natio ...

, 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 Business Solutions is a British supplier of gas and electricity to large 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 wa ...

, as chief financial officer. On 21 November 2018, Extra Energy ceased trading. The regulator

OFGEM The Office of Gas and Electricity Markets (Ofgem) is the government regulator for the electricity and downstream natural gas markets in Great Britain. It was formed by the merger of the Office of Electricity Regulation (OFFER) and Office of G ...

automatically protected supplies and assigned

Scottish Power Scottish Power Limited, trading as ScottishPower, 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 an ...

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

* {{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