Flow Energy
 |
|
| Public Limited Company | |
| Industry | Utility company |
| Founded | 1998 |
| Headquarters | Ipswich, United Kingdom |
|
Area served
|
England Scotland Wales |
|
Key people
|
Tony Stiff (CEO) |
| Products |
Gas Electricity Boilers Energy Solar panels |
|
Number of employees
|
241 |
| Website | www |
Flow Energy is an energy company in the United Kingdom. Flow Energy launched its domestic energy supply service in April 2013, supplying gas and electricity to homes throughout the UK.
The company has also developed a household electricity-generating boiler. The Flow boiler provides heating and hot water and also generates electricity, using patented technology, to be used in the household. Due to changes in subsidy support in the UK, efforts for commercialisation of the Flow boiler are now focused on the European market.
Flow Energy is part of Flowgroup plc, an energy innovation and services company listed on the AIM exchange on the London Stock Market and founded in 1998. Its headquarters is in Ipswich, Suffolk.
In April 2014 Flow Energy launched its domestic energy supply service. At the end of 2015 Flow Energy exceeded 100,000 home energy customer accounts. This sector of the UK economy is dominated by a number of larger companies such as the Big Six Energy Suppliers (UK). Flow is considered as one of the emerging set of smaller suppliers.
In December 2015 the company announced a deal with Shell Energy Europe to provide access to wholesale energy - gas and electricity – without the need for significant levels of collateral to be deposited. The deal is set to enable growth in the company’s energy supply business and increase the customer base for its product and services.
The company has developed a household boiler that feeds back electricity to the local National Grid. The Flow boiler provides heating and hot water whilst also generating low carbon electricity for the household using its patented MicroCHP (Combined Heat and Power) technology.
Flow’s boiler was originally manufactured by Jabil Circuit Inc (“Jabil”), one of the world’s leading OEM manufacturing partners. However, Flow’s relationship with Jabil has now ended as the Flow boiler is no longer available in the UK. Jabil has been paid £4m to allow Flowgroup to exit the contract.
The boiler was designed in Capenhurst near Chester and manufactured in Livingston, Scotland. In July 2014 the company opened its research, training and development facility in Runcorn, Cheshire, where Gas Safe registered engineers undertake surveying, installation and aftercare training programmes to become accredited installers of the Flow boiler. However, with the change in focus for the Flow boiler to the European market, this centre has now closed and Manufacturing has now stopped, Jabil has been paid £7m to allow flowgroup to exit the contract.
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