Utility Warehouse (UW) earned the highest overall score for energy suppliers in the UK by Which?, a UK consumer protection organization. The Which? annual energy firm rankings awarded UW with a 75% overall score, the highest among 17 competitors, including major companies and small operators.

Telecom Plus, trading as Utility Warehouse, released its financial results for the first six months of 2023, reporting a 57% spike in revenue over the previous year’s period to $1.1 billion. Adjusted pre-tax profit was also up 36% to $54.7 million.

Utility Warehouse (UW) was honored at the Uswitch 2023 Energy Awards with the award for Best Value for Money supplier. UW was also a runner-up in the Best Overall Customer Satisfaction category.

Utility Warehouse announced its final results for the full year, ending March 31, 2023. Revenues during this time grew to $3.1 billion, up from $1.2 billion in 2022. Adjusted pre-tax profit was up by 55% and adjusted EPS increased by 57%. 

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Telecom Plus PLC announced an increase to its full-year profit expectations after a surge in customer growth. The company said a “record number” of UK households had joined, driving financial results and organic accelerated growth for the company overall.

Telecom Plus PLC announced record results for the year ending March 21, 2022, with a 12.3% increase in revenue and 10.3% increase in adjusted pre-tax profit. Adjusted EPS was also up 10.1%.