Latest news for npower
Here are some of the latest news and updates for Npower:
Recent Developments:
- Npower's Parent Company, Innogy, Sells UK Business to E.ON: In April 2020, Innogy, the parent company of Npower, announced that it would sell its UK business to E.ON, a German energy company. The deal is expected to be completed by the end of 2020.
- Npower's Customer Base to be Transferred to E.ON: As part of the deal, Npower's customer base of around 3.3 million households will be transferred to E.ON. This means that Npower customers will become E.ON customers, and will be served by E.ON's customer service team.
- Npower's Operations to be Integrated with E.ON's: The integration of Npower's operations with E.ON's is expected to take several months to complete. During this time, Npower's employees will continue to work with E.ON to ensure a smooth transition for customers.
- Npower's Brand to be Retired: As part of the deal, the Npower brand will be retired, and E.ON will become the new brand for the UK business.
Other News:
- Npower's Financial Performance: In its latest financial results, Npower reported a significant decline in profits, due to increased competition in the energy market and higher costs.
- Npower's Customer Satisfaction: Npower has been criticized in the past for its customer service, with some customers reporting long wait times and difficulty in getting their issues resolved.
- Npower's Renewable Energy Efforts: Npower has been investing in renewable energy projects, including wind farms and solar panels, to reduce its carbon footprint and meet government targets.
Recent Press Releases:
- Npower's Parent Company, Innogy, Announces Sale of UK Business to E.ON: [April 2020]
- Npower Reports Significant Decline in Profits: [February 2020]
- Npower Launches New Renewable Energy Project: [January 2020]
Please note that these news articles are subject to change and may not reflect the current situation.