Centrica, the parent company of British Gas, has confirmed that it is planning to create 1,100 new jobs nationwide as part of its new insulation business – approximately 190 of those positions will be created in the Midlands, as the electricity and gas supplier aims to capitalise on the anticipated surge in demand for energy efficiency measures.
British Gas already offers loft and cavity wall insulation but only through external contractors therefore, it wants to bring the work in-house ensuring that it benefits from the market too.
The utility giant is currently in the process of setting up depots for this exciting new division across the UK with Derby – a vibrant and cosmopolitan city with a fantastic heritage – a possible contender due to its central location. However, British Gas has yet to confirm its final decision.
Announcing profits this week of £595 million, (read more c/o Utility Exchange Business Energy News; http://www.utility-exchange.co.uk/2010/02/british-gas-announce-58-increase-in-profits/ ) British Gas has estimated the insulation market is going to be worth approximately £1.4 billion by 2015.
Centrica’s chief executive, Sam Laidlaw, commented:
“This is the latest step in transforming British Gas into an energy services business that helps customers manage the energy use in their home”
Source: Derby Telegraph (February 26, 2010)
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