Utility Waterhouse (UW) increased its customer numbers by 67,000 in the first six months of FY25. This number represents an annualized growth rate of more than 13%, and puts the company on track to reach 2 million customers over the medium term.
“We have now delivered double-digit percentage customer growth for 3 consecutive years, during which we have seen energy prices rise, fall and stabilize,” the company wrote in a statement. “This clearly demonstrates our ability to sustainably outcompete, in a wide range of different market conditions, as a result of our unique multi-service proposition and differentiated route to market.”
UW’s number of services supplied increased by 139,000 to a total of 3.266 million. More than one million households currently receive their essential home services from UW.