People’s Champion Finalist: Suffolk Installers
A fast-growing provider of renewable home energy solutions, so does it deserve your vote?
Start-up name: Suffolk Installers
Founders: Alex Fairfull
Started in: 2013
Based in: Suffolk
Business description: Renewable energy solutions provider
The Suffolk Installers story:
After years working in the insulation industry, Alex Fairfull decided to go it alone and set aside his own money to start renewable home energy solutions provider Suffolk Installers.
Based in Ipswich, the company fits cavity wall and loft insulations, solar PR panels, and carries out energy assessments and home energy surveys for domestic, commercial and public sector clients.
With homes and other properties required to meet European carbon emission guidelines, the business has capitalised on its market opportunity and grown its client base fast.
Working with the utilities companies it has fitted renewable energy products for thousands of Suffolk residents, with Fairfull driven by the company’s ability to help end-customers out of fuel poverty while also reducing the region’s carbon footprint.
51,500 of 311,000 homes in Suffolk alone are deemed to be in fuel poverty, highlighting the extent of the issue.
A hot topic for the government, the company also believes it has saved 450,000 tonnes of carbon dioxide pollution through the insulations carried out to-date.
In its first and second years, the company delivered impressive revenues and mid-way through its third financial year, turnover looks set to reach a significant milestone while remaining profitable throughout.
Why Suffolk Installers made our 60:
In Suffolk alone there appears to be a significant market opportunity. Self-funded by a founder steeped in the industry and driven by a mission to reduce carbon emissions and homeowner’s fuel bills, the company’s revenues look to be going in the right direction.