London and Perth, U.K. — (METERING.COM) — October 17, 2008 – U.K. high street retail chain Marks & Spencer has entered into a partnership with Scottish and Southern Energy (SSE) to launch an energy supplier, M&S Energy.
M&S Energy will supply electricity and gas to domestic customers and reward them with company store vouchers for helping the environment by reducing their energy usage. Customers will also receive store vouchers on sign-up and on anniversaries.
M&S Energy will be sold exclusively through Marks & Spencer stores and a new website, with 16 stores participating initially, extending to 62 stores nationwide by the end of November 2008.
Customers will be provided with advice on reducing their energy usage and those who reduce their annual energy usage by 10 percent in the first year will receive a £15 Marks & Spencer voucher. Those opting for paperless billing will receive an additional £10 voucher.
Dual fuel customers switching to M&S Energy will also receive a £20 voucher on signing and a further £10 voucher for each year they remain with M&S Energy.
Scottish and Southern Energy will secure an equivalent amount of electricity from large scale hydro sources to match the level of electricity used by M&S Energy customers.
Carl Leaver, director of international, home & M&S direct, said: “M&S Energy is an exciting addition to our range of services. The energy sector can be quite complex and we want to make it simpler for our customers. We also understand that the cost of living has risen for many customers and we hope to encourage them to save money by reducing their energy usage, as well as giving store vouchers as rewards for doing so.”
Alistair Phillips-Davies, energy supply director of Scottish and Southern Energy, said: “I am confident that our partnership will deliver a market-leading product, entirely in keeping with the need to keep energy use as affordable and sustainable as possible. It shows that energy supply in this country is constantly evolving, with new products, services and ways of communicating with customers.”