Tonik Energy

​OVO Energy is to expand its current electric vehicle (EV) offering as it launches OVO Drive, with Tonik Energy co-founder Chris Russell to helm the division.

​Ten energy suppliers that failed to meet the late payment deadline for Renewable Obligations (RO) have now either gone bust or had their licence revoked.

​Ofgem has issued final orders to three energy suppliers for failing to pay £15 million in Renewables Obligation (RO) and Feed-in Tariff (FiT) payments.

​ScottishPower has taken on the customers of Tonik Energy following the latter going bust last week.

​Tonik Energy has become the latest small supplier to go bust just weeks after failing to pay its Renewable Obligation (RO) fees.

​Ofgem is consulting on issuing seven suppliers with final orders over £34 million in outstanding Renewable Obligation (RO) and feed-in tariff (FiT) levelisation fees.

​Tonik is launching an EV charging bundle that separates the cost of charging and standard home energy in what it is lauding as a UK first.

Renewables supplier Tonik Energy has landed a £13 million capital injection from investors, including major Japanese investment firm Mitsui.

Spanish firm Wallbox has become the latest electric vehicle charging equipment manufacturer to enter the UK market, while BP continues to test its mobile charging unit and Tonik Energy becomes the latest supplier to offer an EV tariff.