OVO Energy to pay out £1.2m for smart meter failure

SSE Energy Services failed to meet its smart meter installation target for 2019, before its acquisition by OVO Energy

OVO Energy announces plans to cut 2,600 jobs amid coronavirus crisis

The energy supplier says it aims to make the cuts ‘largely through voluntary redundancy’

OVO Energy to pay £8.9m for overcharging customers

The supplier has accepted the failings in its IT systems and compliance processes over five years resulted in too many customers receiving inaccurate or incomplete information

SSE completes sale of retail unit to OVO Energy for £500m

The deal makes OVO one of the biggest suppliers in Britain, now serving almost five million customers

Competition watchdog approves OVO Energy’s £500m SSE deal

The acquisition is expected to be completed in January 2020

Brits’ ‘thank you’ emails have a massive carbon footprint

New research reveals more than 64m ‘unnecessary’ emails are sent every day which result in nearly 23,500 tonnes of carbon a year in the UK

Competition watchdog investigates £500m OVO Energy and SSE deal

The Competition and Markets Authority is inviting comments from interested parties until 6th November 2019

OVO Energy targets net zero emissions by 2030

It is buying Big Six company SSE’s retail business, which once approved, will make OVO the second largest energy supplier in the UK

SSE to sell retail arm to OVO Energy in £500m deal

The deal, once approved, will make OVO the second largest energy supplier in the UK

Blockchain deal
OVO Energy invests in blockchain firm Electron

The energy supplier bought the minority stake through its Kaluza subsidiary