FRANCHISEE RENEWALS AT ALL-TIME HIGH FOR GAS-ELEC

Middlesex, 4 November 2009 – gas-elec, a leader in the field of gas and electrical safety inspections, services, products and advice, has announced that 94% of their franchisees that were due to renew their franchise agreements for a further five-year term in 2009, have signed. “The gas-elec franchisee agreement is for a five-year term and this year, we are delighted that out of the 18 franchisees that were due to renew this year within the Group, ten have renewed for a second five-year term and seven for a third term,” says Carol Otway, franchise director. There are currently 126 franchisees within the network that operate from 18 regional offices across the country. Despite the global recession, gas-elec has recorded a 12% growth in Q1 and Q2 2009, which is indicative of the strength and success of the business model. gas-elec was founded in 1996 and pioneered the provision of combined safety inspection services in the United Kingdom (UK): One engineer, in one visit, carries out two or more inspections and provides one report or certificate. “We have an established a reputation and clients know that they can depend on the impartiality of our reports, and the quality of our work. Over and above the gas and electrical inspections that we are known for, gas-elec can also carry out EPCs, fixed wiring inspections and more recently, commercial catering equipment inspections,” concludes Carol. ENDS/… ___________________________________________________________________ Editor’s Notes Founded in 1996, gas-elec carries out impartial safety inspections and light remedial works. Its unique inspection service provides the residential lettings market and homebuyers and sellers with multiple inspections of the gas and electrics in one visit. gas-elec has recently launched a number of new energy-saving products and services. These include the g-save fuel economiser, which reduces fuel bills by up to 31% and a consumer comparison website (gas-elec Compare) that offers users the widest range of energy suppliers in order to compare their gas and electricity prices. gas-elec has over 126 franchisees operating from 18 regional offices, who this year will carry out more than 120,000 safety inspections in domestic properties throughout the UK. For more information visit www.gas-elec.co.uk.