bulb energy

Octopus Energy is reportedly set to pay nearly £3 billion to the UK government to refund what taxpayers paid to rescue failed energy supplier Bulb.

The High Court has approved the transfer of failed energy supplier Bulb to Octopus Energy following a judicial review earlier this week.

In the tenth edition of Current± Predicts, Bulb's Kit Fitton and Geotab's David Savage give their predictions for 2021.

​Bulb has unveiled the appointment of Paul Ablin as its new chief financial officer as it looks to continue to expand.

Bulb has reported significant growth in members and revenue, but also its financial loss, as the supplier backs its brand of “sustainable growth” to continue into 2019.

Our re-cap of the year continues with the biggest stories in July and August, as the country’s smart meter roll-out is described as a car crash and independent energy suppliers ramp up investment.

Independent energy supplier Bulb has topped a chart of the UK’s fastest growing companies, beating the likes of Deliveroo, finance disruptor Monzo and brewery Brewdog.

​Consumers can save an average of £273 by switching to a green supply from a standard variable tariff (SVT) offer by the Big Six energy suppliers as the rise in renewable electricity has meant going green has never been more affordable.

Renewable supplier Bulb has secured a £60 million investment as it bids to strengthen its energy tech teams and target further growth.

Clean energy supplier Bulb has called on the government to remove the “loophole” that would exempt green energy tariffs from the looming tariff price cap.