The City View podcast, with Bulb s Hayden Wood
This week Andy Silvester speaks to Bulb founder and CEO Hayden Wood, the renewable energy company that now supplies almost one-tenth of UK homes and is seen as the fastest growing firm in Europe.
Andy and Hayden talk about Bulb’s growth, the challenges of managing in a pandemic, and what more the Government can be doing to push the country towards a greener, but affordable, future. Share:
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Bulb CEO Hayden Wood
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Britons jumping on the green power movement spurred a spike in sales at renewable energy supplier Bulb last year, sending revenue almost doubling as it cut its losses.
Bulb, which provides customers with 100pc renewable electricity and gas which is carbon neutral, said the number of people using its service in the UK was up 46pc last year, and it was now in 1.7 million properties.
Revenues for the year to the end of March 2020 came in at £1.5bn compared to £823m a year earlier, helping narrow operating losses from £128m from £59m.
The company said this growth meant it more than doubled its headcount over the course of the year, and by the end of last March had 510 staff, up from 203 a year earlier. Since then, its teams have grown even further, hitting more than 1,000.
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