Octopus Energy Ltd News

Ofgem Appoints Octopus Energy To Take On Customers Of UK Energy Incubator Hub (UKEIH)

Ofgem has appointed Octopus Energy to take on supplying UKEIH’s 3000 domestic customers. This follows a competitive process run by Ofgem to get the best deal possible for customers.  Funds that current and former domestic customers of the supplier have paid into their accounts will be protected, where they are in credit. Domestic customers will also be protected by the energy price cap with their new supplier.   Choosing another energy supplier  For existing UKEIH custome...

Ofgem Appoints Octopus Energy To Take On Customers Of Avro Energy

Ofgem has appointed Octopus Energy to take on supplying Avro Energy’s approximately 580,000 domestic customers. This follows a competitive process run by Ofgem to get the best deal possible for customers. Outstanding credit balances, including money owed to both existing and former domestic customers of Avro Energy, will also be honored. Domestic customers will also be protected by the energy price cap with their new supplier. continuous energy supplies Customers of...

Joint Statement Issued By Kwasi Kwarteng, UK Business And Energy Secretary, And Jonathan Brearley, Ofgem’s Chief Executive

Kwasi Kwarteng, UK Business and Energy Secretary, and Jonathan Brearley, Ofgem’s Chief Executive have issued a joint statement - “The recent increase in wholesale global gas prices continues to be a cause of concern for consumers, businesses and energy suppliers across the UK. We want to be clear that this is not an issue of supply – the United Kingdom benefits from having a diverse range of gas supply sources with capacity that can more than meet demand.” The joint stat...

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