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The energy market has been described as “extremely volatile” as the wholesale cost of energy has contributed to pushing up bills almost 21 per cent on average in five months.
7 years ago
Usio Energy has confirmed it was threatened with a “substantial damages claim” by one of its former service providers before it ceased trading on Monday (15 October).
While far from shock news after provisional clearance was given in August, the decision augurs
Usio Energy has become the latest energy supplier to cease trading following the recent demise of Iresa, Gen4U and non-domestic provider National Gas and Power.
Npower is continuing with its application for a “fuller” court hearing to address “important issues” raised by Ofgem’s collective switching trial process, Utility Week understands.
Latest figures from Ofgem show that only a third of customers who make a complaint are happy with the response they get from their supplier. Nadine Buddoo reports.
“It doesn’t matter what sector you are in: winning businesses win with customers – it’s as simple as that”
The market share of the big six has dropped to a "new low" as a quarter of customers have now switched to small and medium-sized suppliers, according to Ofgem.
The chief executive of Eon UK, Michael Lewis, has made no secret of being opposed to the price cap "since the beginning" but, speaking at Utility Week Congress in Birmingham today (9 October), he urged it is "critical" we get it right as "parliament has spoken".
The next election will be effectively fought between the Conservatives and Labour – and the
After the recent collapse of Iresa and other challenger suppliers, Ofgem’s decision to review its
