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Energy giant Eon is thought to be preparing to announce hundreds of redundancies affecting its UK operation in an attempt to cut costs ahead of the impending energy price cap.
7 years ago
Ofgem has dropped plans to introduce a backstop price protection for vulnerable customers after the proposed energy price cap bill gained Royal Ascent.
Octopus Investments has completed a £174 million refinancing of a biomass and landfill gas portfolio in what is thought to be the first major UK biomass deal in 2018.
Former Conservative energy minister Charles Hendry has been appointed as independent chair of the transmission user group for SP Energy Networks.
The digital service helps customers to connect with trusted local tradespeople and has so far completed 50,000 jobs since its UK nationwide launch in June last year. It followed regional pilots from early 2016.
SSE’s onshore wind growth added £3.9 billion to the UK and Irish economies over the past decade, the company has estimated.
The unusually warm weather has resulted in around 30 per cent less wind generation in June and July compared to the same time last year.
Statistics uncovered in Women Count 2018 report, which considered the number of women with senior executive roles, revealed utility companies are not representative of their customer base.
Shareholders have voted in favour to merge SSE’s retail arm with Npower following a general meeting held today (19 July). The new company will be an independent energy supply and services business that will “create a new market model”.
More than a quarter of energy customers have not been offered a smart meter, despite government targets to offer the devices to all homes by 2020.