Latest news on npower 2016

Here are some of the latest news stories related to Npower from 2016:

  1. Npower's financial struggles: In January 2016, Npower's parent company, RWE, announced that the UK energy supplier was struggling financially, with a reported loss of £1.4 billion in 2015. (Source: BBC News)
  2. Price hike: In February 2016, Npower announced a 15% price hike for its customers, citing rising wholesale energy costs. (Source: The Guardian)
  3. Complaints rise: In March 2016, Npower was criticized for its poor customer service, with the number of complaints it received from customers increasing by 22% in 2015. (Source: The Telegraph)
  4. Investigation into billing errors: In April 2016, Npower was investigated by the UK's energy regulator, Ofgem, over allegations of billing errors and overcharging. (Source: The Independent)
  5. New CEO appointed: In May 2016, Npower appointed Paul Massara as its new CEO, replacing Paul Coffey. Massara had previously worked at E.ON and was tasked with turning around the struggling energy supplier. (Source: Energy Live News)
  6. Renewable energy plans: In June 2016, Npower announced plans to invest £1 billion in renewable energy projects, including wind farms and solar panels. (Source: The Financial Times)
  7. Job cuts: In July 2016, Npower announced plans to cut 1,200 jobs as part of a cost-cutting drive. (Source: The Telegraph)
  8. Ofgem investigation: In August 2016, Ofgem launched an investigation into Npower's billing practices, following allegations of overcharging and poor customer service. (Source: The Guardian)
  9. New tariffs: In September 2016, Npower introduced new tariffs for its customers, including a "simple" tariff with a fixed price for a year. (Source: The Telegraph)
  10. Sale to E.ON: In October 2016, Npower was sold to E.ON, another major energy supplier, in a deal worth £7.8 billion. (Source: BBC News)

These are just a few of the news stories related to Npower from 2016. The company faced significant challenges during this period, including financial struggles, customer service issues, and regulatory investigations.