Launching mid-2014, Extra Energy are newcomers to the UK Energy Market and are a sister company of Extra Energie, a German based supplier who launched in 2010 and has around 2 million customers. They both belong to the Extra Holding Group, run by inspirational entrepreneur Moti Ben-Moshe. Ben-Moshe has a background in software engineering, telecoms and private equity.
Aiming high, Ben-Moshe has set a target of turning the current Big 6 into the Big 7 and by the end of their first year of trading, are aiming for 800,000 customers – this would give them a market share of 3% - and place them as the biggest threat to the Big Six.
To find out more about Extra Energy click here. If you are considering switching to Extraenergy then compare their tariffs here.