this post was submitted on 03 Sep 2023
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UK Energy

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A place to post links and discussions around the UK's energy production, National Grid, energy consumption, and green energy news.

See https://grid.iamkate.com/ for the UK's current energy production and sources.

Created 23/07/23

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Octopus buys Shell energy arm making it UK's second biggest supplier (www.cityam.com)
submitted 1 year ago by Emperor to c/energy
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Octopus Energy has signed a deal with Shell to buy its UK energy arm, meaning one of Britain’s most popular suppliers will now power almost one in four homes.

The deal will require regulator approval and Shell customers were advised to “sit tight” for now, with it hoped to be formalised in the final quarter of the year.

Octopus has the highest approval rating of any UK energy supplier according to a Bain & Company survey recently, and has been Which?’s Recommended Energy Supplier for six years running.

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