Marks and Spencer Partners With SSE to Launch M&S Energy
Marks & Spencer has announced a partnership with Scottish and Southern Energy to launch M&S Energy. M&S Energy will supply electricity and gas to domestic customers and reward them with Marks & Spencer store vouchers for helping the environment by reducing their energy usage.
Customers will also receive Marks & Spencer (M&S) vouchers on signing-up and on anniversaries in recognition of their loyalty.
M&S Energy will be sold exclusively through M&S stores and a new website www.mandsenergy.com. It will be launched in 16 M&S stores and online on October 27, 2008, and will be extended to 62 stores in the UK by the end of November 2008.
Customers will receive useful advice and M&S store vouchers as incentives to encourage them to reduce their energy usage, which will save them money and help the environment. Customers reducing their annual energy usage by 10% in the first year will receive a GBP15 M&S voucher and those opting for paperless billing will receive an additional GBP10 voucher.
Dual fuel customers switching to M&S Energy will also receive a GBP20 M&S voucher on signing and a further GBP10 voucher for each year they remain with M&S Energy. Scottish and Southern Energy (SSE) will secure an equivalent amount of electricity from large scale hydro sources to match the level of electricity used by M&S Energy customers.