UK’s newly registered utility firm Orbit Energy has signed a five-year agreement with Shell Energy Europe for the supply of its power, gas and environmental products.
This agreement allows Orbit Energy to hedge its commodity risk and secure competitive energy prices for its customers, enabling accelerated growth in 2018.
Tim Szakacs, CEO at Orbit Energy, said: “Adding Shell Energy Europe as our strategic trading partner allows us to provide stable prices and peace of mind to our customers from day one. This partnership is a critical milestone, one that will support sustainable growth through continuity of supply for all Orbit Energy customers.
Michael Siddique, manager, structured energy transactions for Shell Energy Europe, added: "Orbit Energy represents an exciting new opportunity for Shell Energy Europe Ltd as it demonstrates our ongoing commitment to partner with experienced management teams with proven success in energy supply markets."
Orbit Energy offers secure and easy online enrolment and affordable electricity and gas supply throughout GB.