Tonik Energy

Tonik Energy was founded in 2016, with the belief that there is a better way of operating in the industry. They refer to their customers as ‘members’, due to seeing them as part of a movement the company facilitates to reduce energy waste.

They have their own in-house clean-tech installations team, The Phoenix Works. This is to help deliver on the firm’s promise to put customers in control of how they generate, store and use renewable energy.

Looking towards the future, Tonik Energy are “building the home of the future now.” This will be possible through their efforts to help customers to sell renewably generated energy back to the grid, balance the grid and end the consumption of non-renewable energy.

In February 2019, Tonik managed to secure a £13 million investment from Japanese investment firm Mitsui & co. The investment firm is now a minority stakeholder in the company.

Tonik Energy has NOT signed up to the government’s Warm Home Discount Scheme.

The government’s Warm Home Discount Scheme gives eligible people a £140 discount on their electricity bill between October and April. You are automatically eligible for the scheme if your energy company is part of the scheme and you get the Guarantee Credit element of Pension Credit. You may be eligible if your energy company is part of the scheme and you are on a low income or if you receive certain means-tested benefits.

For more information on the Warm Home Discount Scheme you can visit www.gov.uk/the-warm-home-discount-scheme/