E.ON Low-Cost Power, Gas Unit Has 800,000 Customers

E.ON Low-Cost Power, Gas Unit Has 800,000 Customers
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Τρι, 24 Ιουνίου 2008 - 04:56
E.ON AG (EOA.XE) Tuesday said its low-cost power and gas sales business E Wie Einfach has gained around 50,000 customers in the past two months.
E.ON AG (EOA.XE) Tuesday said its low-cost power and gas sales business E Wie Einfach has gained around 50,000 customers in the past two months.

"Since its start (in February 2007, E Wie Einfach) has gained 800,000 customers," said Klaus-Dieter Maubach, chief executive of E.ON's sales and network unit E.ON Energie AG, at the company's annual press conference in Munich.

On Apr. 30, E.ON said it had gained around 750,000 customers for E Wie Einfach since it started operations. At the time E.ON said around 500,000 of the gained households were power customers and around 250,000 natural gas customers.

Maubach on Tuesday didn't break down the latest E Wie Einfach customer figures by power and gas customers.

E.ON Energie's head of sales, Karl-Michael Fuhr, Tuesday said E Wie Einfach continues to generate more new customers than its regional energy providers are losing.

The losses of power and gas customers at E.ON Energie's regional energy units have witnessed in recent months stands at "slightly more than 400,000", Fuhr said.

The company thus recorded a net gain of just under 400,000 customers since the launch of E Wie Einfach.

Fuhr also said E Wie Einfach will stop offering its new customers a one-year price guarantee for gas products from Jul. 15, citing the sharp increase in natural gas prices, which are linked to crude oil prices.

"The business risk needs to remain controllable," Fuhr said.

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