60 to 51: Utilitywise to Tungsten Corporation

60 to 51: Utilitywise to Tungsten Corporation


Formed with only four employees in 2006, energy and water cost management consultancy Utilitywise (UTW) has gone from strength to strength. The company floated on Aim in 2012 and currently has around 750 employees. That growth in headcount is testament to the growth potential in Utilitywise’s core offering of helping companies to reduce their energy costs, which is proving to be a highly sought-after service as energy prices rocket. Managing thousands of energy meters for public and private sector clients and negotiating with energy suppliers to procure the best prices, Utilitywise signs up on average 60 new accounts a day.

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