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Friday, 25 September 2009 15:59

You know the scenario, you’ve happily been paying for your gas and electricity by Direct Debit.

Then, you move out of the property and either get a rebate (which begs the question; what have the energy companies been doing with your money?) or you get a whopping moving out bill (which begs the question; why bother paying by Direct Debit in the first place?).

We are about to introduce a new user friendly approach to calculating  monthly Direct Debit amounts – It’s called Profiled Direct Debit and it’s perfect for a tenanted property.

This means you will still know how much you are paying in advance so that you can budget accurately, but your payments will be more in line with your actual usage, resulting  in fewer nasty surprises when you move out.

Your monthly Direct Debits will be set in advance for the year ahead (based on historical usage or industry estimates for your property) so payments will closely match the properties seasonal usage,  rather than simply being 1/12th of the overall annual usage.

 
Wednesday, 30 April 2008 00:00

Success for Spark at the National Landlord Conference
30th April 2008

Spark Energy exhibited at the National Landlords Association Conference at Dynamic Earth in Edinburgh on 30th April, 2008.

The exhibition was attended by hundreds of Scottish Landlords and Letting Agents and our experienced Business Development Managers' were on hand to demonstrate our services and benefits.

 
Monday, 07 April 2008 00:00

Growth continues at energy firm
BBC News- 4th April 2008

A Borders energy company has clinched new contracts worth about £5m over the past three months. Spark Energy – based in Selkirk – has increased the size of its customer relations department on the back of the latest deals.

The gas and electricity provider specialises in the residential lettings sector. Company CEO PJ Darling said the firm was “enjoying a lot of success” despite being in existence for just two years.

 
Wednesday, 02 April 2008 00:00

Powering ahead with expansion, The Scotsman- 2nd April 2008

Spark Energy has revealed it completed deals worth an estimated £5 million in the past three months.
The power company, which is based in Selkirk in the Borders, supplies gas and electricity to letting agents.It now has 50 partners, including Harvey Scott Properties and Howards Residential Lettings, which between them manage more than 20,000 properties in Norfolk and the north-west of England.

PJ Darling, Spark’s Chief Executive, said: “We’ve had a lot of success for a company that isn’t even two years old. We are increasing revenue by 20 per cent month on month.”
 
Monday, 17 March 2008 00:00

PJ Darling, founder of Spark Energy shares his work schedule. Business 7- My Working Life.

The 'spark' for setting up his own utility company came when PJ Darling was working for a property management company.
He noticed they were having a lot of problems between renters and gas and electricity companies, and decided he could do it better.
"None of the big six utility companies were addressing their specific needs," says Darling. "Once you've identified the opportunity, then comes the challenge of structuring a company out of the idea and convincing a lot of people that the idea will work."

Now Spark supplies gas and electricity to renters across the UK through lettings and property management firms. With turnover hitting £3million the firm is the seventh largest utility provider in the UK. Darling recently raised £1.2m in funding, including £500,000 from a London-based investment house. He says he spends half his time in London, but the travel is rewarding.

"The train is truly awesome - four hours of uninterrupted work with wifi access. If I didn't travel regularly to London I'd still take the odd trip there and back on the train just to get that time to focus," he says. Head office is in Selkirk, which Darling sees as an improvement on having an office in Edinburgh.
Since he took the firm's customer service operation in-house, having previously outsourced it, he expects to grow his workforce to 150. This will make him one of the biggest employers in the Borders. He says: "We were in Edinburgh but realised the cost of renting larger premises and higher salaries to handle the new customer service team would have a significant impact on the business." "More importantly though, we wanted to ensure we moved somewhere where the potential team are less transient."

 
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