A struggling energy supplier transferred thousands of unprofitable customers to rival companies without their express consent, as it attempted to avoid becoming the…
Continue ReadingThe new energy price cap will lead to millions of households facing higher energy bills.
Continue ReadingOvo is reportedly preparing a bid for stricken rival Bulb, an acquisition that would cement the Bristol-based company’s position as a new giant…
Continue ReadingBulb Draws Criticism for Hiking Direct Debits by Up to 80%
Written by Lauren Smith in Energy Suppliers
Bulb is reportedly hiking customers’ monthly direct debits by as much as 80% despite them being in credit, leaving some alleging the struggling…
Continue ReadingOfgem Readies Special Administrator for Failed Major Supplier
Written by Lauren Smith in Energy Suppliers
Anticipating the collapse of a large supplier, energy regulator Ofgem has placed a City firm on standby to step in as a “special…
Continue ReadingBritish households face a collective bill of more than £820 million for rescuing the customers of energy companies that have collapsed in recent…
Continue ReadingOctopus to Take on Customers of Avro Energy, Shell to Take Green’s
Written by Lauren Smith in Energy Suppliers
Ofgem has found two energy suppliers to take over the more than 800,000 customers abandoned by the collapse of Avro Energy and Green…
Continue ReadingFive Energy Suppliers Warned by Ofgem for Unpaid Green Taxes
Written by Lauren Smith in Energy Suppliers
Five energy suppliers have missed a deadline to pay into the feed-in tariff (FiT) scheme, suggesting financial difficulty that may foretell their failures.
Continue ReadingThe gas price crunch has taken out two more suppliers, leaving more than 800,000 households without an energy company.
Continue ReadingBritish Gas to Scoop Up Customers of People’s Energy, While EDF Will Take Utility Point’s
Written by Lauren Smith in Energy Suppliers
Two of the UK’s largest energy suppliers will take over the more than half a million households abandoned by the collapse of the…
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