Bulb to be Nationalised?

[Deleted User]

https://inews.co.uk/news/energy-provider-bulb-nationalised-government-scrambles-rescue-firm-supplies-1-7m-homes-1211216

Or taken over by Octopus.

https://news.sky.com/story/octopus-energy-explores-bid-to-wrap-tentacles-around-bulb-amid-sector-crisis-12417304

matelodave

on the other hand, no-one really knows what is going on, so it's all speculation

Verdigris

I think I prefer the Octopus eating Bulb scenario. Becoming a similar size to the former Big-6 companies but with superior management, innovation and technology, they might shake the old cartel out of their complacency.

Well, I can dream...

stewie_griffin

Just out of interest does anyone know how many customers they have combined? And how does this compare with Scottish Power (I think they're the smallest of the big suppliers).

Verdigris

Just under 4 million, which you could have ascertained by reading the articles.

stewie_griffin

No need to be an ar*e about it. I was only asking a question. I thought that was the point of forums.

worrywart_3

stewie_griffin said:

Just out of interest does anyone know how many customers they have combined? And how does this compare with Scottish Power (I think they're the smallest of the big suppliers).

How many do Scottish power have ? Not being an !!!!!! 🤣

j.a.mcguire

I had heard on the radio that the government have "gone cold on the idea of nationalisation" and would prefer to just watch how the situation develops.

Swipe

j.a.mcguire said:

I had heard on the radio that the government have "gone cold on the idea of nationalisation"

Good, should be left to go under and divide the customers equally over the Big 6

The_Green_Hornet

Details on how many customers each major supplier has can be found in the charts @ https://www.ofgem.gov.uk/energy-data-and-research/data-portal/all-available-charts

Ultrasonic

The_Green_Hornet said:

Details on how many customers each major supplier has can be found in the charts @ https://www.ofgem.gov.uk/energy-data-and-research/data-portal/all-available-charts

I hadn't realised before looking at the graphs that Bulb apparently have no fixed tariffs at all. Given this, if they do go out of business then that would seem to be something caused by the price cap?