Valda Energy

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Valda Energy
Private
IndustryElectricity and gas supply
Founded2019
Headquarters
Bicester, Oxfordshire, UK
Key people
  • Steve James CEO
  • Adrian Brent CFO
Products
  • Gas
  • Electricity
Websitevaldaenergy.com

Valda Energy [1] is a GB licensed electricity and gas business, supplying gas and electricity to SMEs (Small and medium-sized enterprises) across England, Scotland and Wales

The company is a non-domestic energy supplier competing in the market which was once predominantly occupied by the Big Six (Big Six energy suppliers)

Valda Energy purchases gas and electricity in the wholesale market (wholesaling), including renewable energy sources and sells it on to customers.

It is headquartered in Bicester, Oxfordshire.

Key people: Steve James [2] CEO and Adrian Brent [3] CFO

Company history

Valda Energy began trading in April 2019 [4] [5] [6] as an energy supplier to small and medium-sized commercial properties across England, Scotland and Wales.

Valda Energy is an OFGEM.[7] licensee supplier for both electricity and gas supply.

Valda Energy is a trading name of Valda Energy Group Limited (company number 11852539)[8] and Valda Energy Limited (company number 11212563) [9]

Operations

In January 2020, Valda Energy announced a three-year deal for energy supply from Axpo Holding [10] [11] [12], granting access to the long and short-term commodity market and providing them with electricity and gas.

Valda Energy also sources its electricity from renewable energy sources, supporting UK renewable energy-generating sites through offering a Power Purchase Agreement (PPA). The company also offers renewable energy certificates and incentive schemes, including: renewable obligation certificates (ROCs), renewable energy guarantees of origin (REGOs) and feed-in-tariffs (FITs)[13].

Valda Energy's published Fuel mix disclosure [14] cites their fuel mix as 100% renewable, compared to the UK average of 37.9% [15]. Fuel mix disclosure must be published annually as required by the Department of Business, Energy & Industrial Strategy or Beis

In February 2020, Valda Energy announced a membership with Regen[16] a not-for-profit centre of energy expertise and market insight, whose mission is to transform the world's energy systems for a zero carbon future. Valda Energy membership listing [17]

In December 2020, Valda Energy announced the launch of SmartChoice [18] [19] [20] [21] [22]. SmartChoice customers manage their account through an app, available on Apple App store [23] and Google Play [24]

Routes to market

Businesses can go directly to the supplier, or by through an energy broker [25] [26].

Customers can review energy suppliers by consumer review sites such as Trustpilot, including Valda Energy [27]

References

  1. "Valda Energy Limited". LinkedIn. Retrieved 3 July 2020.
  2. "Steve James". LinkedIn. Retrieved 3 July 2020.
  3. "Adrian Brent". LinkedIn. Retrieved 3 July 2020.
  4. "Valda Energy Limited". Companies House. Retrieved 3 July 2020.
  5. "Valda Energy Limited". Apollo. Retrieved 15 February 2021.
  6. "New energy company comes to Bicester". Cherwell Valley Today. Retrieved 3 July 2020.
  7. "Licences". OFGEM. Retrieved 2 July 2020.
  8. "Licences". Companies House. Retrieved 2 July 2020.
  9. "Licences". Companies House. Retrieved 2 July 2020.
  10. "Press release: Valda Energy announces energy agreement with Axpo". Valda Energy. 16 January 2020. Retrieved 2 July 2020.
  11. "Axpo signs deal for energy supply and market access with Valda Energy". Axpo. 15 January 2020. Retrieved 2 July 2020.
  12. "Valda Energy enters into supply deal with AXPO". Renewables Now. 16 January 2020. Retrieved 3 July 2020.
  13. "FIT licensee contact details". OFGEM. Retrieved 3 July 2020.
  14. "Press release: Valda Energy - Our fuel mix". Valda Energy. 30 September 2020. Retrieved 15 February 2021.
  15. "Uk Fuel Mix". Energy Scanner. 5 October 2020. Retrieved 15 February 2021.
  16. "Valda Energy announces memebership with Regen". Valda Energy. 27 February 2020. Retrieved 3 July 2020.
  17. "Valda Energy announces memebership with Regen". Regen. Retrieved 3 July 2020.
  18. "5 ways how Valda SmartChoice can help your business save on energy". Valda Energy. 29 October 2020. Retrieved 15 February 2021.
  19. "Valda SmartChoice puts energy supply control back in hands of SME businesses". Business In The News. 20 December 2020. Retrieved 15 February 2021.
  20. "Valda SmartChoice puts energy supply control back in hands of SME businesses". Businessinfo. 10 December 2020. Retrieved 15 February 2020.
  21. "Oxfordshire energy firm provides lifeline for businesses frozen out of competitive deals". Business & Innovation Magazine. 10 December 2020. Retrieved 15 February 2020.
  22. "Valda SmartChoice puts energy supply control back in hands of SME businesses". Just entrepreneurs. 8 December 2020. Retrieved 15 February 2020.
  23. "Valda Energy App". Apple Appstore. 3 August 2020. Retrieved 15 February 2021.
  24. "Valda Energy App". Google Play. 3 August 2020. Retrieved 15 February 2021.
  25. "Supplier: Valda Energy". Business Utilities Today. Retrieved 3 July 2020.
  26. "About Valda Energy". Exchange Utilities Today. Retrieved 15 Feb 2021.
  27. "Trustpilot - Valda Energy". Trustpilot. Retrieved 3 July 2020.

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