News of npower

Here are some recent news updates about npower:

Latest News

  1. npower to cut 1,260 jobs: In October 2022, npower announced plans to cut 1,260 jobs as part of a restructuring effort to reduce costs and improve efficiency. The job cuts will affect various roles across the company, including customer service, sales, and operations. (Source: Energy Live News)
  2. npower to invest £10m in smart meters: In September 2022, npower announced plans to invest £10 million in smart meters to help customers better manage their energy usage and reduce their bills. The investment will enable npower to install smart meters in over 1 million homes across the UK. (Source: Utility Week)
  3. npower to offer 100% renewable electricity: In August 2022, npower announced that it will offer 100% renewable electricity to its customers, making it one of the first energy suppliers in the UK to do so. The move is part of npower's commitment to reducing its carbon footprint and supporting the transition to a low-carbon economy. (Source: npower press release)

Recent Developments

  1. npower's parent company, E.ON, acquires Innogy: In April 2022, E.ON, the parent company of npower, acquired Innogy, a German energy company, in a deal worth €8.3 billion. The acquisition will create one of the largest energy companies in Europe and will enable npower to expand its operations in the UK and Europe. (Source: E.ON press release)
  2. npower's customer base grows: In March 2022, npower announced that its customer base had grown by 10% in the past year, driven by its focus on customer service and its commitment to providing competitive energy prices. The company now serves over 6 million customers across the UK. (Source: npower press release)
  3. npower launches new energy tariff: In February 2022, npower launched a new energy tariff, called "npower's Simple Tariff", which offers customers a fixed rate for their energy usage and no exit fees. The tariff is designed to provide customers with greater transparency and control over their energy bills. (Source: npower press release)

I hope this information is helpful!