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UK–s Cheapest Energy Supplier Appoints Ian McCaig as New CEO

LONDON, UNITED KINGDOM — (Marketwire) — 03/19/12 — Leading independent UK energy supplier First Utility () has announced the appointment of Ian McCaig as its new Chief Executive Officer.

McCaig had recently been involved with the gas and electricity company as both Non-Executive Director and Deputy Chairman, and is known for his role at lastminute.com which he joined as Chief Operating Officer in 2003. He was later appointed group CEO and steered lastminute.com through its most successful years before moving on at the end of 2010.

First Utility was recently named as one of the fastest growing privately owned companies in the UK in the prestigious Fast Track 100. The company has just launched its first fixed energy deal with iSave Fixed Price, as well as offering the UK–s overall deal with iSave(i).

First Utility co-founder and former CEO Mark Daeche assumes the role of Non-Executive Director. He commented: “We–re delighted to have Ian on board; he brings with him an exceptional track record, particularly across the online and telecoms sector. His experience of managing fast-growth companies will be a real asset to the company. First Utility has experienced rapid growth over the last three years and I look forward to this continuing as we provide an increasingly robust proposition to the outdated practices of the Big Six energy firms that dominate the UK–s energy supply market.”

Ian McCaig added: “First Utility has stood out as an innovator in today–s UK energy marketplace from the start and there is a huge opportunity for it to shake up the energy supply marketplace here in the UK and make a real and positive difference for consumers, both in terms of their control over their energy use and in reducing their bills.”

“The next year will see us introduce new and better platforms to improve customer experience and launch a range of new services. I am particularly excited about our work with US-based energy efficiency company Opower, which will give people access to unique tools and information regarding their energy consumption and will empower them to make real changes to the way they use energy.”

Learn more about First Utility at .

About First Utility

First Utility is the smarter independent utilities supplier, offering electricity and gas services to a range of consumer and business customers. It is the only energy provider to roll out to all its customers, throughout the UK. It is through the use of smart metering technology that First Utility can empower consumers to manage and reduce their own energy consumption and bills. First Utility is headquartered in Warwick. For more information, visit .

(i)First Utility–s iSave v10 is the UK–s cheapest deal based on an average of all regions and average use of energy (3,300 kWh for Electricity and 16,500 kWh for gas.

Contacts:
Rachel Brewin
01869 238089 / 07879 997 886

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