Bulb news
Bulb News!
Here are some recent updates and news about Bulb, a UK-based energy and broadband provider:
Recent News:
- Bulb Energy's Financial Woes: In November 2022, Bulb Energy announced that it had been placed into special administration by the UK government due to financial difficulties. The company had struggled to recover from the impact of the COVID-19 pandemic and rising energy prices.
- New Ownership: In December 2022, the UK government announced that it had sold Bulb Energy to a consortium of investors, including the energy company Octopus Energy. The new ownership aims to stabilize the company and continue providing energy and broadband services to customers.
- Price Freeze: In response to the cost-of-living crisis, Bulb Energy has announced a price freeze for its energy tariffs until March 2023. This means that customers will not see any increases in their energy bills during this period.
- Broadband Expansion: Bulb Energy has announced plans to expand its broadband network to reach more customers across the UK. The company aims to provide fast and reliable internet connectivity to an additional 1 million households by the end of 2023.
Recent Reviews and Ratings:
- Trustpilot: Bulb Energy has a rating of 4.5 out of 5 stars on Trustpilot, based on over 12,000 customer reviews.
- Which?: Bulb Energy has a rating of 4 out of 5 stars on Which?, a UK consumer review website.
- MoneySavingExpert: Bulb Energy has a rating of 4.5 out of 5 stars on MoneySavingExpert, a UK personal finance website.
Customer Feedback:
- Pros: Many customers praise Bulb Energy for its competitive pricing, easy-to-use online platform, and excellent customer service.
- Cons: Some customers have reported issues with billing and payment processing, as well as limited availability of certain energy tariffs.
Overall, Bulb Energy has received positive reviews from customers and has been praised for its efforts to provide affordable energy and broadband services to the UK market. However, the company's recent financial struggles and changes in ownership may have raised concerns among some customers.