Ofgem consults on COVID-19 cost adjustments for next price cap period
With debt related costs back to pre-pandemic levels, Ofgem is considering not adding an additional float to price cap period seven.
Articles tagged with: suppliers
E.ON off to 'successful start' as its profits soar in Q1 2021
E.ON’s UK business has returned to profitability after shifting all npower customers to the Kraken-powered E.ON Next customer service platform.
Macquarie doubles down on residential sector after sale of I&C smart meter portfolio
Macquarie is to focus on the residential metering sector following the divestment of Cortex Metering Solutions (CMS), its industrial and commercial (I&C) smart meter portfolio, to Energy Assets Group.
ROUND-UP: Good Energy announces new CEO and Limejump expands leadership team
Good Energy announces Nigel Pocklington as its new CEO, while Limejump appoints both a new CTO and COO.
Centrica continues expansion of British Gas brand acquiring Nabuh Energy
Centrica has acquired UK-based energy supplier Nabuh Energy as it looks to expand British Gas brand.
Ofgem looks to ban suppliers from ‘holding onto’ surplus customer credit balances past one year mark
Ofgem has outlined concerns over some suppliers potentially using surplus customer credit balances to fund "otherwise unsustainable business practices".
Bulb's losses narrow as its customer base continues to surge
Bulb’s revenues are up 85%, helping to reduce its operating losses to £59 million as its customer base surges.
Octopus Energy surges past two million customers mark
Octopus Energy has surged past the two million customers mark, offering the milestone customer a year of free energy to celebrate.
EDF records 'solid' financial results as renewables generation remains strong
EDF has recorded what it has described as "solid" financial results as its renewable generation has soared by 6.3%.