Npower latest news update
Npower is a British energy company that provides gas and electricity to millions of customers across the UK. Here are some of the latest news updates about npower:
Recent News:
- npower to be sold to E.ON: In October 2020, it was announced that E.ON, another major energy company, would acquire npower's retail business for £5.8 billion. The deal is expected to be completed in 2021.
- Price hike for npower customers: In November 2020, npower announced a price hike for its customers, with average gas and electricity bills increasing by 12.5% and 10.5%, respectively.
- npower's customer service issues: In recent years, npower has faced criticism for its customer service, with many customers reporting long wait times and difficulties in getting their issues resolved.
- npower's smart meter rollout: npower has been rolling out smart meters to its customers, which allow them to monitor their energy usage in real-time and receive accurate bills.
- npower's community fund: npower has a community fund that supports local charities and community projects. In 2020, the company donated £1.2 million to over 100 charities across the UK.
Upcoming Events:
- npower's annual results: npower is expected to release its annual results for 2020 in the coming months, which will provide an update on the company's financial performance and strategy.
- E.ON's integration plans: Following the acquisition of npower, E.ON is expected to announce its plans for integrating the two companies, including any changes to npower's operations and customer service.
Industry News:
- Renewable energy growth: The UK's renewable energy sector is growing rapidly, with npower and other energy companies investing in wind, solar, and other forms of renewable energy to meet government targets.
- Energy storage innovation: npower and other energy companies are exploring new technologies for energy storage, which could help to stabilize the grid and reduce the need for fossil fuels.
I hope this information is helpful!