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Articles tagged with: energy retail

Image: OVO.

OVO Group profit slides as costs soar

OVO Group revenues topped £1 billion for the first time in 2018, but the energy firm slipped to a loss for the year as its customer base grew.

Image: Getty.

Energy retail, disruption and the death of the margin game

With npower shelling jobs and even the quickest-growing independents struggling to turn a profit, it’s becoming increasingly clear that margin-based business models are a thing of the past. Liam Stoker reflects on a week which has proven the direction of travel for energy suppliers lies away from pure commodity sales.