bailout
Bulb customers will pay an additional £13.33 a week for their energy use on average, the company said
Nigel Pocklington talked about the need for action to take the pressure of soaring bills off customers
Reports claim that the company could go under even this week
The government is reportedly considering a credit facility to support firms amid fears of soaring bills
The government is reportedly exploring rescue plans that would not involve Treasury bailout for struggling energy suppliers
Plans that could have helped the government avoid activating the special administration regime were reportedly submitted to Ofgem
Ovo Energy will reportedly make a bid to take over the energy supplier which is currently exploring various opportunities to stay afloat amid the crisis in the energy market
Last week we saw a rise in both power and gas, npower’s Magali Hodgson explains the reasoning behind this & the effect that various fundamentals are likely to take in the technical price action ahead.
The Market Report – 7th November 2011 provided by npower Other Market Reports: The Market Report – 26th October 2011 The Market Report – 12th October 2011 Other Energy Pricing stories: The Global Energy Conversation Part II: Solutions to 2050 Business energy users can avoid ‘highly possible’ future price rises Energy costs will rise no […]
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