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I will like to develop private Business energy supplier how do go about developing energy and supplying these resources to my potential market. Pls bearing in mind my competitor are large organization. Any advice regarding developer and variuous sources of energy will be consider.

2007-05-07 23:47:36 · 2 answers · asked by thomas_bukky 1 in Business & Finance Investing

2 answers

Once you have your Licence, and have a few customers and are buying power from the existing generators, you will want to generate your own power (it's always more expensive to buy than to make)

There is a good chance you can get a Government Grant for a Wind Power 'farm'.. the problem will be planning permission ... you will need to locate a suitable site now and start to make friends in the local community and local Council ...

Good Luck !

2007-05-08 21:00:45 · answer #1 · answered by Steve B 7 · 0 0

I assume you mean selling to the end user? As opposed to having some sort of Energy generation / extraction business?

In the UK it is a licenced business - I assume it is in the rest of the world. You need to acquire a license to sell the energy, and you need to get a contract to buy the energy at a cheaper price than selling it. You will need to get someone to read the meters. After that, its a paper exercise organising energy supply, set the prices and charge the customers.

I would contact the regulatory body (OFGEM in the UK) for more detailed advise.

Good luck!! Your going to need it because there is a reason that large organisations do this and not sole traders.

2007-05-08 08:21:41 · answer #2 · answered by whycantigetagoodnickname 7 · 0 0

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