A struggling energy supplier transferred thousands of unprofitable customers to rival companies without their express consent, as it attempted to avoid becoming the…
Continue ReadingOfgem Readies Special Administrator for Failed Major Supplier
Written by Lauren Smith in Energy Suppliers
Anticipating the collapse of a large supplier, energy regulator Ofgem has placed a City firm on standby to step in as a “special…
Continue ReadingBritish households face a collective bill of more than £820 million for rescuing the customers of energy companies that have collapsed in recent…
Continue ReadingFive Energy Suppliers Warned by Ofgem for Unpaid Green Taxes
Written by Lauren Smith in Energy Suppliers
Five energy suppliers have missed a deadline to pay into the feed-in tariff (FiT) scheme, suggesting financial difficulty that may foretell their failures.
Continue ReadingBritish Gas to Scoop Up Customers of People’s Energy, While EDF Will Take Utility Point’s
Written by Lauren Smith in Energy Suppliers
Two of the UK’s largest energy suppliers will take over the more than half a million households abandoned by the collapse of the…
Continue ReadingMajority of the UK’s Energy Suppliers Could Collapse This Winter
Written by Lauren Smith in Energy Suppliers
39 energy suppliers could collapse this winter amid a surge in wholesale gas prices, leaving just ten on the market, research conducted by…
Continue ReadingBills and Pricing Most Common Reason for Energy Customer Complaints
Written by Lauren Smith in Energy Suppliers
Nearly a third (32%) of customer complaints to energy suppliers were about problems with bills while a quarter of all gripes were from…
Continue ReadingThe energy regulator, Ofgem, has established a £450m fund to finance projects that will push the country towards reaching its net zero climate…
Continue ReadingOfgem to Make it Easier for EV Drivers to Sell Electricity Back to the Grid
Written by Lauren Smith in Electricity
Proposals from energy regulator Ofgem will make owning an electric vehicle cheaper, with drivers able to sell power stored in their vehicle’s battery…
Continue ReadingSymbio Energy Ordered to Pay Late Green Taxes or Face Potential Loss of Supply Licence
Written by Lauren Smith in Energy Suppliers
Ofgem has ordered troubled supplier Symbio Energy to pay the £450,000 it owes to the Feed-in Tariff (FiT) scheme or face the potential…
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