Good Energy predicts a good 2012

Renewable electricity supplier Good Energy has announced plans to cut prices for its customers as trading begins of the company’s shares on the AIM and a strong financial performance is predicted for 2012.

The company will cut gas prices by five percent for dual fuel customers from 01 August and has set itself a medium target to generate over 50 percent of its own electricity through 110MW of renewable generation assets.

Ceo Juliet Davenport said: “We are pleased to see progress across all key areas of the business with a combined annualised growth rate for gas and electricity customers of 18 per cent, resulting in over 75,000 gas, electric and generation customers.”