Launch of new electricity supplierLast updated on 11/05/2016
New energy supplier Open Electric has launched itself into Northern Ireland's competitive domestic electricity market with an offer which it claims differentiates itself from its rivals.
The Belfast-based company, which was established last year and has been granted an electricity supply licence by the Utility Regulator has promised both to reward loyal customers with a share in any profits and to make significant charitable donations.
From August, Open Electric will provide new customers with a one-rate charge per unit and a choice of billing options.
The company has been set by Northern Ireland electricity specialist and entrepreneur Marc Norris, formerly a technical analyst with SONI - the organisation responsible for overseeing the transmission network in Northern Ireland.
The new company joins four other suppliers in the domestic electricity market.