Npower news and information

Here are some recent news and information about npower:

Latest News:

  1. npower to cease trading: In November 2020, it was announced that npower, a subsidiary of Innogy, would cease trading in the UK energy market. The company had been struggling financially and had been in talks with the UK government to find a solution.
  2. Innogy sells npower to E.ON: In December 2020, it was announced that Innogy had sold npower to E.ON, another major energy company, for £7.8 billion. The deal was completed in January 2021.
  3. npower customers transferred to E.ON: As a result of the sale, npower customers were transferred to E.ON, with the majority of npower's customer base moving to E.ON's customer base.

Information:

  1. npower's history: npower was founded in 1990 and was one of the largest energy suppliers in the UK. The company was known for its competitive pricing and customer service.
  2. npower's services: npower offered a range of energy services, including gas and electricity supply, as well as other energy-related products and services.
  3. npower's customer base: At its peak, npower had over 6 million customers in the UK, making it one of the largest energy suppliers in the country.
  4. npower's financial struggles: npower had been struggling financially in recent years, with the company reporting significant losses in 2019 and 2020. The company's financial struggles were attributed to a range of factors, including increased competition in the energy market and rising costs.

FAQs:

  1. What happened to npower?: npower ceased trading in the UK energy market in November 2020 and was sold to E.ON in December 2020.
  2. What happened to npower's customers?: npower customers were transferred to E.ON, with the majority of npower's customer base moving to E.ON's customer base.
  3. Will I still be able to contact npower?: No, npower is no longer trading and customers will need to contact E.ON for any energy-related queries or issues.
  4. Will my energy supply be affected?: No, E.ON has taken over npower's customer base and will continue to supply energy to npower customers.