Energy suppliers across the UK have expressed concerns on the levels of customer debt being accumulated because of the halt to warrant prepayment meter installations.
Business and Energy Secretary Grant Shapps has called on energy suppliers to stop force fitting prepayment meters with many doing “nowhere near enough” to support vulnerable customers.
So Energy has revealed it is no longer exploring additional funding options, citing a fall in future wholesale prices, continued governmental support and ESB backing as a means of becoming more financially sound moving into 2023.
The ongoing energy crisis is proving to serve as a catalyst for energy retailers to overhaul their technology platform and deliver transformational efficiencies.
The National Grid has invited local communities in Suffolk and Kent to comment on proposals for two green energy infrastructure projects dubbed Eurolink and Sea Link.