Competition watchdog investigates SSE-npower merger

The Competition and Markets Authority (CMA) has launched an investigation into the proposed merger of SSE Retail and npower. It will assess whether the new company, which would serve around 11.5 million domestic customers, could significantly reduce competition. The deal could possibly see the Big Six turn into a Big Five. The competition watchdog said: […]

Most UK businesses support new carbon reporting framework

A new energy and carbon reporting framework is supported by 87% of decision makers in British businesses. That’s according to new research from npower Business Solutions, which shows these stakeholders believe this is likely to drive a nationwide reduction in companies’ energy use, bills and carbon emissions. The survey of 500 senior figures suggests reduced […]

MPs call for investigation into SSE-npower merger

The Business, Energy and Industrial Strategy (BEIS) Committee is calling for an investigation into the proposed merger between Big Six firms SSE and npower. It has written to the Competition and Markets Authority (CMA) to launch a probe as it is concerned the merger may lessen competition and affect energy consumers. The merger would reduce […]

SSE and npower agree domestic energy merger

SSE and npower have agreed to merge their domestic businesses to form a new energy giant. SSE’s shareholders will hold 65.6% of the stake in the new energy company while innogy, npower’s parent company, will hold a minority interest of 34.4%. innogy will also receive a break fee of £60 million if SSE’s shareholders fail […]

Big Six suppliers SSE and npower in merger talks

Big Six companies SSE and npower are in talks about merging their businesses to create a giant energy supplier in the UK. German utility innogy, parent company of npower, and SSE are in “advanced exclusive discussions” about combining their gas and electricity supply business in Britain. Such a deal would possibly see the Big Six […]

Almost third of UK expect to go cold to save money

Almost a third of UK adults expect to go without gas or power at some point this winter in order to be able to afford their energy bills. That’s according to a new survey from npower, which reveals 46% aim to reduce their heating use while around 4% are planning to make savings by cutting […]

Mobile network giant EE dials up renewables deal

  Mobile network giant EE has announced a new renewable energy deal with npower. The energy supplier will provide power from green sources such as wind farms and solar plants for EE’s operations, including more than 500 retail locations. Under the deal, npower will supply EE, part of BT Group, with 680GWh of renewable energy. […]

npower and Allianz partner on boiler maintenance

One of the UK’s largest energy suppliers has partnered with an insurance firm to provide a central heating and boiler service across the UK. Within the joint venture, npower will be responsible for introducing home services products to customers and Allianz Worldwide Partners will fulfil these services. This will include fielding a network of highly […]

UK energy businesses ‘most concerned about Brexit’

The biggest concern for Britain’s energy businesses in the next year is leaving the EU. According to new data from npower Business Solutions, 28% of corporate decision makers said Brexit is their largest concern, with 53% citing unexpected costs to their business as the most common reason for this, closely followed by an inability to forward […]

Ofgem grants npower temporary licence exemption

Ofgem has granted npower a temporary exemption from various terms of its electricity and gas licences. A decision made by the regulator granted a “temporary and limited derogation from various elements of standard licence condition (SLC) 22C and SLC 31C”. It will enable the company to conduct a time-limited trial of a new version of its […]