Centrica will cut 5,000 jobs after the coronavirus crisis exacerbated woes at the loss-making energy giant.
Continue ReadingCentrica is set to bottom out of the FTSE 100 index of the UK’s largest companies, amid mounting losses, crashing oil prices and…
Continue ReadingGood Energy Hits Out at OVO’s Green Credentials
Written by Lauren Smith in Energy Suppliers Renewable Energy
Renewable supplier Good Energy has mounted an attack against OVO, an energy company which has grown rapidly on a foundation of dubious green…
Continue ReadingLockdown Could Exacerbate Fuel Poverty
Written by Lauren Smith in Energy Suppliers Government Policy Household & Bills
If lockdown measures are extended into the winter, households in poorly insulated homes will struggle to afford their energy bills, the Energy &…
Continue ReadingOvo Energy has announced it will cut 2,600 jobs and close offices after the coronavirus lockdown accelerated the shift to online customer service.
Continue ReadingFurloughed Energy Workers Matched with Low Carbon Startups
Written by Lauren Smith in Energy Suppliers
A startup incubator will harness the skills of furloughed energy workers and deploy them in young low carbon enterprises during the coronavirus shutdown.
Continue ReadingFully Installed Smart Meter Network Would Help Energy System Handle Coronavirus Crisis
Written by Lauren Smith in Energy Suppliers
Good Energy chief executive Juliet Davenport has claimed that a fully functional smart meter network would make the coronavirus crisis “easier to deal…
Continue ReadingEnergy Suppliers Urged to Write Off Debts for Struggling Families
Written by Lauren Smith in Energy Suppliers
Energy suppliers should write off the debts households accumulate during the coronavirus crisis, a leading fuel poverty charity has urged.
Continue ReadingEnergy Suppliers Furlough 11,000 Workers While Competitors Redeploy Staff
Written by Lauren Smith in Energy Suppliers
British Gas, E.ON, Npower and OVO has collectively furloughed 11,000 employees, but other energy suppliers are keeping staff on the payroll through the…
Continue ReadingEnergy Suppliers Dissent on Proposed Government Loan Scheme
Written by Lauren Smith in Energy Suppliers
Heads of two energy companies have raised objections to the loan scheme trade body Energy UK is seeking from the government.
Continue Reading