Budget Energy CEO- ‘We’re growing everyday’

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A Derry based business woman whose company has grown from one customer to almost 40,000 in under three years, has pledged to bring further jobs and investment here when her company expands into the Republic of Ireland next year.

Eleanor McEvoy, CEO of Budget Energy, was speaking ahead of her appearance on a new RTE tv series on Monday coming, which follows the finalists in the prestigious Ernst and Young Entrepreneur of the Year competition.

Based in Springtown Industrial Estate, Budget Energy currently employs around staff in the North West and is the only independent supplier of retail, pre-paid electricity in the North.

“We’re delighted that the message is getting out there and we’ve jumped almost 15,000 customers in the last two months,” said Eleanor.

“There is no catch. In 2010 the Energy market here deregulated and since then we’ve been able to offer customers a better price. At the moment it’s about educating people to let them know that they get the exact same service. Whether you’re billed by us or the main provider in the North, the same companies deal with the infrastructure in terms of repair and maintenance. There is no difference, except, of course, the price. Now we’ve convinced almost 40,000 people and that list is growing quickly.”

The Limerick born entrepreneur plans to introduce the ‘Budget’ name to the South of Ireland next year, with a knock on effect for the Derry jobs market.

“When we do expand, the headquarters will remain here. That will mean jobs in IT, accounting, and call centre jobs, all of which will remain here in Derry. I firmly believe the city is a great place to do business in and the plan is to keep growing the Budget Energy name, if it takes off in Ireland, there’s nothing to say that we can’t look at grabbing some of the market across the water too.”

Eleanor will feature on the RTE 1 series kicking off on Monday 30 September at 8.30pm. The programme will air every Monday at 8.30pm until 21 October, with the live awards on Thursday 24 October at 10.40pm.

For an in depth interview with the successful CEO, see Sunday’s Journal.yhhh