Bulb

The UK Government has called on Good Energy, Utilita and Scottish Power to increase Energy Bills Support Scheme (EBSS) voucher redemptions to ensure customers with prepayment meters are able to redeem £400 in support on energy bills.

​Octopus Energy has now completed the acquisition of Bulb Energy, as of 23:58 on 20 December 2022.

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

Failed energy supplier Bulb has confirmed a judicial review has been lodged that may delay the transfer of customers and employees to Octopus Energy.

All 17 energy suppliers need to do more to support “customers in a vulnerable situation” Ofgem has revealed as part of a Market Compliance Review.

​Octopus Energy is to take on Bulb’s 1.5 million customers, as it wins out in buying the failed supplier.

​OVO has reportedly made an eleventh hour bid to buy nationalised energy supplier Bulb.

​Bulb’s CEO and co-founder Hayden Wood is to leave the company at the end of July.

​Centrica has reportedly pulled out of the auction to buy failed supplier Bulb, as the deadline to bid looms.

​Following Bulb entering special administration last year, several energy companies have reportedly made bids to buy the energy supplier.