Bulb net loss surges to £129m as revenues and members rise
Bulb’s net loss has soared to £129 million, as it also reports surging growth in members and revenue.
Articles tagged with: supplier
E.On results hit by npower acquisition as income falls and debt rises
E.On's Q3 results show a 3% year-on-year drop in income, with 4,500 npower jobs to go as the supplier rings in changes.
Toto Energy becomes 16th small supplier to go bust in less than two years
Toto Energy has officially ceased to trade, leaving 134,000 customers in limbo and becoming the latest of 16 small energy suppliers to go bust since January last year.
New supplier ‘London Power’ unveiled by Octopus, Mayor of London
A new contender is set to enter the UK retail market as the Mayor of London , Sadiq Khan, and Octopus Energy revealed the launch of London Power.
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Bulb bids to light up new markets with maiden international expansion
Independent energy supplier Bulb has confirmed it is to launch into three new markets, marking its first international expansion.
Ripple Energy launches ‘unique’ power supply, wind investment model
A new energy company is offering customers the chance to reduce their carbon footprint by investing in UK wind farms.
Octopus Energy handed £13.2 million to cover Iresa debts as tenth supplier goes bust
Octopus Energy has been awarded just over £13 million to cover the debts of defunct supplier Iresa Energy as a tenth energy retailer went bust.
OVO Energy to take on Economy Energy customers
Challenger supplier OVO Energy has been appointed by Ofgem to take over Economy Energy’s 235,000 customers following the supplier’s collapse earlier this week.
Bulb reports meteoric rise in members, revenues, but loss widens ten-fold
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.