Ripple Energy - receiving bill savings

Petriix

If the Kirk Hill coop board think that 1st Energy are offering a competitively priced service and would perform the management role with competence then I look forward to hearing the details and being given the chance to approve their appointment as managing agents. However, given that Ripple failed to perform the basic functions like submitting compliant accounts, It's far from certain that any company buying the assets from Ripple (whatever that means) would be better placed to deliver those services. I'm really not sure what 1st Energy think they've bought. 

Exiled_Tyke

Coastalwatch said:

Dogbyte009 said:

Exiled_Tyke said:

But isn't it the case that Kirk Hill have already removed themselves from being managed by Ripple and need to make new arrangements? 

1st's statement says they've acquired the 'Assets, IT and Administration Services of Ripple Energy' and that they're in contact with the co-op boards and are focusing on Graig Fatha, Kirk Hill and Derrill Water.

It would make sense for the co-ops to stay onboard with what is an oven-ready solution.

An interesting situation certainly and as far as I'm aware at least one of the coop boards have dispensed with Ripple management services which I believe they are allowed to do. I do not know if others may follow perhaps they are seeking quotations from elsewhere so this could be quite a prolonged exercise before a resolution is reached. While 1st Energy seem to suggest they are in the process of taking over the management duties from Ripple I'm not entirely convinced the coop boards feel the same way.

Yeah, that's exactly what I thought.  It's all very well for 1st to say that services will be resumed but, having already walked away it's up to Kirk Hill board to decide whether to go back in.  And of course at the right price.  On the other hand 1st must reckon they have a decent pitch otherwise why waste the effort and presumably a bit of money to get involved at all. (I can't believe they will have had to pay much for this after all they only have a customer list of some co-op boards all of which can walk away plus some unfinished projects to unravel. ). 

paul991

There were a few people who were upset with the rates we were getting for the energy ,you may find the pricing may change now