Market Vulnerability Tonik Energy's recent insolvency highlights challenges faced by small utility providers, creating opportunities for competitive suppliers to offer integrated solutions such as customer retention services, financial stability consulting, and scalable operational platforms to prevent similar issues.
Renewable Focus Despite financial difficulties, Tonik's investments in renewable energy assets and EV charging infrastructure indicate a strategic focus on clean energy markets, presenting sales prospects related to renewable project development, EV charger installations, and solar-storage solutions.
Technology Adoption The company's use of advanced digital tools like cloud services, analytics, and customer engagement platforms suggests openness to innovative energy management and customer experience solutions, ideal for partners offering smart grid, IoT, or data-driven services.
Funding and Growth With recent investments totaling $17 million, there is a clear inflow of capital aimed at expanding renewable energy initiatives and EV infrastructure, providing pathways for suppliers to offer equipment, installation, and maintenance services tailored to these projects.
Strategic Acquisition Tonik's acquisition of The Phoenix Works, a solar and EV charging installer, indicates emerging opportunities in solar and EV infrastructure markets to support post-insolvency growth strategies and complementary service offerings to other energy suppliers.
$500M$1B
$1B$10B
$500M$1B
$100M$250M
$1B$10B
$1B$10B
$10B
$1B$10BTonik Energy uses 8 technology products and services including Hotjar, Cloudflare CDN, Microsoft, and more. Explore Tonik Energy's tech stack below.
| Tonik Energy Email Formats | Percentage |
| First.Last@tonikenergy.com | 45% |
| Last@tonikenergy.com | 5% |
| First.Last@tonikenergy.com | 45% |
| Last@tonikenergy.com | 5% |
UtilitiesEngland, United Kingdom51-200 Employees
Tonik Energy Limited – in Administration (“the Company”) Matthew James Cowlishaw and Paul James Meadows were appointed Joint Administrators of Tonik Energy Limited on 12 October 2020. Ofgem, the energy regulator, appointed Scottish Power as the new supplier for all Tonik Energy customers. Any questions regarding the Administration process can be directed to tonikadministration@teneo.com.
Media & News
Funding & FinancialsTonik Energy has raised a total of $17M of funding over 1 rounds. Their latest funding round was raised on Feb 13, 2019 in the amount of $17M.
Tonik Energy's revenue is estimated to be in the range of $1M$10M
Funding & FinancialsTonik Energy has raised a total of $17M of funding over 1 rounds. Their latest funding round was raised on Feb 13, 2019 in the amount of $17M.
Tonik Energy's revenue is estimated to be in the range of $1M$10M
1-888-653-2347 
support@leadiq.com