First Utility chosen to take on customers of failed Usio Energy

Around 7,000 customers will be switched over to their new supplier tomorrow

Shell completes buyout of UK’s First Utility

Shell has completed the acquisition of Impello Limited and its subsidiaries, active under the brand First Utility. The supplier, which provides household energy in the UK, has become a wholly-owned subsidiary of Shell, within its New Energies division. The news follows the European Commission’s approval of the deal last week. Colin Cooks, Shell’s former Vice […]

Shell enters the domestic energy market

Shell has entered the UK’s domestic energy market with the purchase of independent supplier First Utility. The energy giant says the move will allow more innovative services for customers to be developed and allow the company to expand its business into the steadily growing residential sector. Mark Gainsborough, Shell’s Executive Vice President of New Energies, […]

First Utility hikes energy prices by 9.7%

First Utility has announced it will be increasing gas and electricity prices by 9.7%. It will come into effect on 1st April and will add £8.80 to the average monthly bill. That means a rise of £105.60 a year, taking the total average annual bill to £1,148. The energy company says the price rise will […]

‘Inactive Big Six will sit back and wait for CMA fixes’

  The inactive Big Six will sit back and wait for the Competition and Markets Authority (CMA) fixes. That’s according to Ed Kamm, Managing Director of First Utility who spoke to ELN today after the CMA evidence hearing at Westminster. He said energy suppliers, particularly the Big Six, need to do more to help their customers get onto […]

Flood of new energy tariffs ‘could bamboozle customers’

More than 1,300 energy tariffs are to “flood” the market as the removal of the four-tariff rule comes into effect. Independent energy supplier First Utility warns consumers could be “completely bamboozled” as a result of Ofgem removing the restrictions. Although the rule was officially removed last week, suppliers were free to start offering more than […]

Energy consumers not engaged due to Big Six

  Consumers are not engaged in the energy market because of the practises of the Big Six. That’s the view of Ed Kamm, Managing Director at First Utility, who believes the industry has not progressed towards engaging customers since the Competition and Markets Authority (CMA) published its reforms earlier this year. Speaking to ELN at […]

First Utility chairman steps down after profits drop

The chairman of independent energy supplier First Utility has stepped down days after the firm reported a fall in profits. John Roberts has quit after three years in the role, leaving it to Thomas Chambers, who was an Independent Non-Executive Director at the company and Chair of its Audit Committee. Two other Non-Executive Directors will also step […]

Ofgem’s energy plans ‘won’t protect disengaged customers’

Ofgem’s plans to adopt the competition watchdog’s proposals “don’t go far enough” for energy customers. That’s the view of the head of First Utility, who believes the proposals “put too much onus on the customer”. Managing Director Ed Kamm’s comments come as the regulator outlined its approach to the recommendations of the Competition and Markets […]

Big Six energy customers ‘overspending by £4bn a year’

Energy consumers supplied by the Big Six are paying £4 billion more for their gas and electricity. That’s according to new research which states the figure is equivalent to an average of £234 per household – an increase from a total of £3.4 billion last year, meaning householders have blown away £600 million of savings. […]