Love Energy Savings is a leading energy price comparison specialist Logo

Love Energy Savings is a leading energy price comparison specialist

Founded in 2007 and headquartered in Bolton, Love Energy specialises in the comparison of business energy prices. It connects small and medium-sized businesses with the UK energy supplier that offers the most appropriate gas and electricity tariff, before helping its customers to switch provider.
Love Energy has grown rapidly, under the leadership of CEO and co-founder Phil Foster. For the financial year ending 31 December 2017 it recorded revenues of £17.4m (2016: £13.2m) and today supports more than 40,000 customers nationwide. It has also been independently recognised as the most trusted business energy price comparison specialist in the UK by TrustPilot and as the second highest rated company for work-life balance in the UK by Glassdoor.

In September 2018, LDC invested more than £25m in Love Energy to further accelerate organic growth. This will include the expansion of Love Energy Solutions, its corporate services division which supports major energy users across the industrial and commercial sector, further investment in its proprietary technology platforms and continued diversification into the water telecoms and insurance markets.

As part of the deal, Steve Weller will also join the board as non-executive chairman. Weller has more than 10 years’ experience driving growth at technology-led businesses and was CEO of the energy switching service uSwitch until July 2018, where he worked closely with LDC during its support of the business between 2013 and 2015.