Love Energy Savings enables smaller companies to compare and switch energy providers, handling the process from start to finish. Its technology platform can evaluate 150 tariffs from 33 suppliers in less than 60 seconds. The Bolton business, run by managing director Phil Foster, 45, also operates a separate website that allows domestic consumers to compare and select cheaper energy deals. It says it has switched 187,000 meters and saved customers more than £78m on their energy bills since it started in 2007. The firm secured a £4.5m investment from the private equity house NVM in 2015. Last year it expanded into the industrial and commercial sector to support bigger businesses, growing sales to £17.4m.
This profile reflects the company at time of publication and does not reflect any changes that may have subsequently occurred. Fast Track and its sponsors do not endorse, guarantee or recommend investment in any of the companies.