Coop Energy is taking over Flow Energy
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Legacy_user
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in Energy
Britain’s Co-operative Energy will buy fellow energy supplier Flow Energy, the two companies said on Tuesday, with the smaller firm warning it would have struggled under the government’s looming price cap.
Source: Reuters
https://uk.reuters.com/article/uk-flowgroup-m-a-cooperative/britains-co-op-to-buy-flow-energy-as-energy-price-cap-looms-idUKKBN1HH1J0
Source: Reuters
https://uk.reuters.com/article/uk-flowgroup-m-a-cooperative/britains-co-op-to-buy-flow-energy-as-energy-price-cap-looms-idUKKBN1HH1J0
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Comments
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The first of the dominoes to fall ?? Sad day if it does:(0
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brewerdave wrote: »The first of the dominoes to fall ??
- Firms now implementing standing charges or higher unit prices for the first x amount of energy used which penalises low energy users and small households.
- Smaller firms collapsing, closing their tariffs or offloading customers to another supplier.
- Inflation busting price increases for the remaining firms.
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