Tag Archives: Big Six energy suppliers

Ofgem threatens energy suppliers to either shift customers into cheaper deals or face action

The energy market is facing extreme pressure as the Prime Minister announced the draft law last week. Following closely is the industry energy regulator Ofgem which threatened to take action against suppliers that don’t move customers from expensive SVTs. It has ordered the power companies to pace up action to shift customers from Standard Variable […]

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Innogy plans to sell ‘loss making’ Npower to combat the energy price cap

German Energy group Innogy, the owner of Npower, hints at selling the business to combat the losses and years of cost cutting. At the least, it would form partnership with another giant rival company like SSE to make sure that its British retail energy business is up and running. As the Big Six energy suppliers […]

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The Big Six may lose power as energy giants SSE and Npower plan to merge

Political interference in the energy sector and the government’s threat of energy price cap is taking a toll on the Big Six energy suppliers. So much so that two of the biggest of the Big Six gas and electricity suppliers, SSE and Npower considered quitting the energy market. If reports are to be believed then […]

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Big Six say price cap will take a toll on the smart meter roll out

The Big Six energy suppliers throw clear warning that energy price cap would have a straight effect on the smart meter roll out as companies facing losses won’t be able to invest in government initiatives. They also hinted that the energy price cap would be responsible for lower investment in the energy sector. As per […]

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Future Energy goes bust; Ofgem comes to the rescue of its 10K customers

The disaster has stricken again as another small energy firm Future Energy goes out of action. The gas and electricity supplier with around 10,000 customers in the north east and Yorkshire has stopped trading as announced by Ofgem today. This is another case of a small energy supplier in UK going out of business. It […]

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Know Your Energy Supplier - Woodland Trust Energy

Woodland Trust Energy Launched in April 2013, Woodland Trust Energy is the baby of OVO Energy. It originated by a collaboration of leading gas and electricity supplier OVO Energy and UK’s largest wood conservation charity called Woodland Trust. The pact is that whenever there is an energy switch to Woodland Trust Energy, OVO energy would […]

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