A startup incubator will harness the skills of furloughed energy workers and deploy them in young low carbon enterprises during the coronavirus shutdown.
Continue ReadingEnergy Suppliers Urged to Write Off Debts for Struggling Families
Written by Lauren Smith in Energy Suppliers
Energy suppliers should write off the debts households accumulate during the coronavirus crisis, a leading fuel poverty charity has urged.
Continue ReadingEnergy Suppliers Furlough 11,000 Workers While Competitors Redeploy Staff
Written by Lauren Smith in Energy Suppliers
British Gas, E.ON, Npower and OVO has collectively furloughed 11,000 employees, but other energy suppliers are keeping staff on the payroll through the…
Continue ReadingEnergy Suppliers Dissent on Proposed Government Loan Scheme
Written by Lauren Smith in Energy Suppliers
Heads of two energy companies have raised objections to the loan scheme trade body Energy UK is seeking from the government.
Continue ReadingEnergy Companies Ask Government to Enable Payment Holidays on Bills
Written by Lauren Smith in Energy Suppliers
Energy firms have reportedly asked the government to back a loan scheme worth up to £100 million a month so they can extend…
Continue ReadingGovernment and Suppliers Agree Measures to Support Energy Customers During Epidemic
Written by Lauren Smith in Energy Suppliers
Pre-payment energy customers will receive support so they don’t have to travel to shops to top up their meters and others will see…
Continue ReadingSmall energy supplier GnERGY, recently probed by Ofgem for non-payment of its Renewable Obligation (RO) debt, has gone out of business.
Continue ReadingOfgem Bans Five Energy Suppliers From Taking on New Customers
Written by Lauren Smith in Energy Suppliers
Five small energy suppliers have been prohibited from taking on new customers until they enrol in the national platform for smart meters.
Continue ReadingBritish Gas Owner Centrica Blames Price Cap for £1.1 Billion Loss
Written by Lauren Smith in Energy Suppliers
Centrica has blamed the price cap on energy bills and tumbling natural gas prices for its bleak returns last year.
Continue ReadingRenewable challenger Bulb’s net losses have risen to £129 million, as customer rolls and revenues have surged.
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