Earlier this week Good Energy announced our interim results, covering the first six months of this year. We’re really pleased that despite having frozen our prices throughout the whole period we were able to increase our revenues by 4.7%, while profits were up by 23.8% compared with the same period last year.

“The backdrop to this year has been one of energy market turmoil caused by events in the Middle East and Japan, and the resulting energy retail price increases,” explains our CEO, Juliet Davenport. “Good Energy’s focus on decentralised renewable generation has provided us with price resilience, and we believe that it has a wider role to play in securing a sustainable low-carbon future for the whole of the UK.”

Thanks to our price freeze, our competitive position is stronger than it’s ever been – Good Energy is now around 2% cheaper on average compared with the standard tariffs from the Big Six. And we’ll be maintaining our electricity price freeze until 2012, and hopefully longer.

Another highlight has been the growth in our Feed-in Tariff administration business. Our FIT team has built a well-deserved reputation as the most knowledgeable and efficient guys in the business when it comes to navigating the administration involved in registering for FIT and delivering payments on time. The result is that we’re now supporting almost 5,000 generators through FIT – a number which has quadrupled since last year.

Another interesting nugget from the report is that although our number of electricity customers has grown, overall amounts of electricity sold has decreased slightly – a sign that our customers are using less energy, which can only be a good thing!

Thanks to all our shareholders and customers for your continued support, together we are turning Britain’s energy industry upside down and helping to secure a sustainable, low-carbon future.