Tánaiste announces 105 full-time jobs at Airtricity to support increasing share of domestic energy supply market

28th October 2010: An Tánaiste, Mary Coughlan TD, has announced 105 new full time jobs at Airtricity to support its increasing share of the domestic energy supply market in both gas and electricity. This brings to 500 the total number of new jobs created by Airtricity since entering the domestic energy supply market in July 2009.

The 105 new jobs – supporting Airtricity‟s continued expansion in the domestic natural gas market – will be located out of Airtricity‟s headquarters at Sandyford, Dublin 18, and will be primarily in customer service, administration and billing. Following today‟s announcement, Airtricity will employ over 930 staff in the Republic of Ireland and Northern Ireland.

 This is the second major jobs announcement in just five months by Airtricity – last May the company announced 200 new jobs to support the launch of the cheapest-available bundled dual-fuel (natural gas and electricity) products in the market. In July 2009 the company announced the creation of 200 jobs to coincide with its entry into the competitive domestic energy supply market. The creation of a further 105 full time jobs follows the success of Airtricity‟s latest campaign offering home energy customers a 20% discount on regulated Bord Gais Energy standard tariff unit rates.

Commenting on today‟s jobs announcement, An Tanaiste, Mary Coughlan TD, said: 
“The Government is committed to opening power markets to real competition and choice for households and businesses. Airtricity is not only Ireland‟s greenest energy supplier but, since it became one of the first energy companies to compete in Ireland‟s domestic power supply market, it is also the fastest-growing. We are now seeing the benefits that this is having in lowering domestic gas and electricity prices and in providing households with a choice of suppliers. As we can see, competition is also supporting job creation and I am delighted to welcome today‟s announcement from Airtricity of an additional 105 new full time jobs, which I understand when added to the 400 jobs that have already by the Company, brings the total to over 500 jobs created by Airtricity since it entered the domestic gas and electricity supply market last year,” she said.

Today‟s announcement was made at an Airtricity Jobs Fair which took place at the Hilton Hotel, Charlemont Place, Dublin 2 and which was attended by An Tanaiste, Mary Coughlan TD. Over 300 shortlisted applicants from an initial round of over 1,000 attended today‟s event for interviews for the positions.

Stephen Wheeler, Managing Director of Airtricity, said: “Airtricity has seen a 10-fold increase in customer accounts since we entered the domestic energy supply market, growing our numbers from just 35,000 to over 350,000 customers in little over 12 months. Today‟s announcement of a further 105 full time jobs in customer service and billing support, on top of the 400 jobs we have created up to now, reflects the phenomenal success of Airtricity‟s lower- cost energy pricing, in particular our 20% discount on regulated gas prices, and our innovation in customer products and services.

“Airtricity is officially Ireland‟s fastest-growing energy utility1, and is independently verified as the country‟s most trusted and reputable energy provider2. Indeed our own brand tracking

indicates that Airtricity now enjoys higher brand awareness among consumers than Bord Gais Energy, despite the fact that we spend only a fraction of the amounts that both the semi- states energy suppliers individually spend on marketing and branding. Airtricity‟s commitment to its customers is to invest in products that will deliver real energy cost savings to Irish householders, such as our 20% discount on gas pricing, and to invest in job creation that ensures we constantly deliver the best customer service available to Irish energy consumers.”

Customers switching to Airtricity for Ireland‟s cheapest bundled dual fuel home energy products can make typical savings of up to €234 per annum, based on Airtricity‟s „Biggest Save eBundle‟ which offers customers a 20% saving on regulated gas rates and a 6% saving on regulated electricity rates when gas and electricity are bundled together3.