Energy Assets thrives in Darwen
Five years on from the acrimonious fall-out at the top of Bglobal, the new owners of the metering division are thriving, expanding market share and creating jobs.
Energy Assets acquired Bglobal Metering in 2014, rebranding it two years later. It has since more than doubled annual I&C meter installations, added more than 100 employees to its original headcount of 50 at its Darwen operation, and significantly grown the number of meters under management.
The company recruited and trained a 60-strong team of meter installation engineers, increased the customer service, data and planning headcount in the Darwen office, and has grown its electricity meter operator and data collection appointments consistently year on year.
Last year the company showed growth of almost 135 per cent in install numbers of I&C meters compared to when the business was acquired.
David Sing, group managing director (assets) at Energy Assets, said: “Initially, there were some legacy challenges, but as soon as people understood we had a clear, well-funded plan for the future, they bought into the vision - and we haven’t looked back.
“We have made good progress, but what really excites me is the future. We have a motivated, highly skilled workforce empowered to provide great service to our growing customer base of energy suppliers and end users.
We have made good progress, but what really excites me is the future.
David added: “We have just launched our SMETS2 smart metering installation service targeting micro businesses, our core automated meter reading offer is growing impressively, and the value we create on behalf of suppliers and end users by collecting and aggregating consumption data will only increase as companies intensify their energy efficiency programmes.
“In addition, there are new opportunities emerging in EV’s and sub-metering, and we also aim to continue to add value through our electricity Meter Asset Provider (MAP) offering. These are exciting times.”
Another important development at Darwen has been a gradual change to dual fuel capability as part of an Energy Assets Group strategy, which has involved the training of engineers to install both gas and electricity meters, and the broadening of the customer service function to support energy suppliers and end user customers.