Major energy supplier with 5.2 million customers announces exact date to read

A MAJOR energy supplier has announced to its 5.2 million customers the exact date on which they must read their meters. Otherwise they risk higher bills. Households across the country have just one day left to submit their figures or risk getting into trouble. EDF has advised its 5.2 million customers to submit their meter … Read more

Major energy supplier with 4.5 million customers could be SOLD under new plans

A MAJOR energy supplier with 4.5 million customers is exploring the sale of the company. Ovo Energy, Britain’s fourth-largest energy company, is lining up bankers to help with a strategic overhaul of the company. Ovo Energy was founded in September 2009 by Stephen Fitzpatrick and provided energy tariffs to over 700,000 households in 2017Source: Getty … Read more

Energy supplier OVO is investigating options, including sale

OVO Group, the UK’s fourth-largest supplier of domestic energy, is hiring bankers from Rothschild to help assess its strategic and financing options, Sky News has learned. By means of Mark Kleinman, city editor @MarkKleinmanSky Saturday, June 29, 2024 10:19 AM, UK Britain’s fourth-largest domestic energy supplier is lining up bankers to explore options including bringing … Read more

Apple supplier TDK claims breakthrough in the field of solid-state batteries

Unlock the Editor’s Digest for free Roula Khalaf, editor of the FT, selects her favorite stories in this weekly newsletter. Japan’s TDK is claiming a breakthrough in the materials used in its small solid-state batteries, with the Apple supplier predicting significant performance improvements for devices from wireless headphones to smartwatches. The new material offers an … Read more

Russia overtook the US in May as a gas supplier to Europe

Stay informed with free updates Simply log in to the EU energy myFT Digest – delivered straight to your inbox. European gas imports from Russia surpassed deliveries from the US in May for the first time in almost two years, despite the region’s efforts to wean itself off Russian fossil fuels since the massive invasion … Read more

Energy supplier gives money back on bills to customers who make minor changes

A major energy supplier offers money on energy bills to customers who want to make small changes in their energy consumption. Some bill payers with certain energy suppliers are rewarded for reducing their electricity consumption during peak hours. British Gas is offering its customers the chance to earn money on their accounts under the PeakSave … Read more