In Wales we spend around £1.4 billion every year on our energy bills and all that money leaves the country. But of the 50 or so energy suppliers in the UK that you can choose to buy your electricity and gas from, none are based in Wales (SWALEC is owned by SSE), or focussed on Welsh consumers.
So we decided to start our own energy supply company for Wales and now we’re proud to offer you a new alternative energy supplier – One Wales Energy-Un Ynni Cymru, the only supplier based in Wales.
JOIN THE CROWD: Click here to find out more about our crowdfund, where you can join our growing community of investors by buying shares in One Wales Energy – Un Ynni Cymru (£500 minimum subscription).
We are ambitious. One Wales Energy-Un Ynni Cymru is aiming to be the leading energy supply company in Wales, with competitive tariffs, excellent customer service and lots more.
Welsh residents can be confident to switch to us. We’re owned and located in Wales, and will be operating with your best interests in mind.
Now you can join our growing community of supporters by investing in this exciting new venture.
Our crowdfund Share Offer launches on 10th July. Initially it will be actively promoted through a series of events in the Cardiff area (though available to everyone), and open for investment for a period of 30 days. We intend to engage with other communities throughout Wales later this year and reopen this platform for investment in the Autumn.
The business founders, Judith Cook and Jonathan Townend will be pleased to tell you more about this opportunity at one of our local events. Each event follows the same format:
7– 7.30pm short presentation and Q&A session
7.30-8.30pm drop-in for an informal chat
We won’t be accepting commitments for investment on the day—that’s all processed online, so there will be no hard sell which will give you time to decide if this is right for you.
It is free to attend, but we would be grateful if you would register by clicking on a link below, to help us with our arrangements.
One Wales Energy wants the money people in Wales spend on their electricity and gas to stay in Wales
Having already raised the initial start-up capital for the venture, the company’s founders are now trying to raise a further £700,000 to help fund the project as it prepares to take on customers for a full launch in early 2018.
The company’s founders, Jude Cook and Jon Townsend, hope that its values and strong Welsh roots will help set it apart from the so called ‘Big Six’ energy suppliers and other newer players in the energy supply market.
One Wales Energy – Un Ynni Cymru holds a full licence from Ofgem to supply electricity and gas in Wales, England and Scotland and, as an approved supplier, the founders say it will offer customers competitive tariffs, no-hassle switching and a Wales-based bilingual customer contact centre.
Ms Cook said: “In Wales we are losing out – there is no domestic energy supplier based in Wales, so most of the money we all spend on energy leaves the country. At One Wales Energy – Un Ynni Cymru we believe in a fairer and more exciting energy future for Wales.
“As an independent supplier we are totally committed to bringing a new approach to Welsh customers, with a more affordable and sustainable energy supply offer, which also enables people in our communities benefit from the profits.”
Ms Cook and Mr Townend both have a background in the renewable energy sector and in environmental regeneration in Wales.
They are running One Wales Energy – Un Ynni Cymru as a ‘profit with purpose’ business. This approach combines a conventional profit-making business with a commitment to supporting social and environmental benefits across Wales.
As part of this they will be running a community affiliate scheme offering organisations a way to generate a long-term income stream by earning referral and retention fees when their members, supporters, local community switch to One Wales Energy – Un Ynni Cymru.
Mr Townend added: “This is an exciting time as we prepare to launch the business and take our first step towards making One Wales Energy – Un Ynni Cymru into Wales’ leading energy supply company.
“We’re offering an opportunity for the people of Wales to become their own energy supplier. We hope that families, communities, organisations and businesses in Wales will be proud to join us on our journey and help us ‘put the energy back into Wales.’ ”
Follow One Wales Energy on Twitter @onewalesenergy
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