The latest news on npower

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 and updates on Npower:

Recent Developments:

  1. Npower's parent company, Innogy, sells UK business to E.ON: In February 2020, Innogy, the German energy company that owns Npower, announced that it would sell its UK business to E.ON, another German energy company. The deal is expected to be completed by the end of 2020.
  2. Npower's customer base shrinks: According to a report by the UK's Office of Gas and Electricity Markets (Ofgem), Npower's customer base has been shrinking in recent years. As of 2020, Npower had around 3.3 million customers, down from 4.5 million in 2017.
  3. Npower's profits decline: Npower's parent company, Innogy, reported a decline in profits for 2019, partly due to the challenges faced by the UK energy market. Innogy's profits fell by 14% to €1.3 billion (around £1.1 billion) in 2019.
  4. Npower's plans to invest in renewable energy: Despite the challenges faced by the company, Npower has announced plans to invest in renewable energy projects in the UK. The company has committed to generating 50% of its electricity from renewable sources by 2025.

Recent Press Releases:

  1. Npower announces plans to invest in renewable energy: In March 2020, Npower announced plans to invest £100 million in renewable energy projects in the UK, including wind farms and solar panels.
  2. Npower's parent company, Innogy, reports decline in profits: In February 2020, Innogy reported a decline in profits for 2019, partly due to the challenges faced by the UK energy market.
  3. Npower's customer service ratings improve: In January 2020, Npower's customer service ratings improved, according to a report by the UK's energy regulator, Ofgem.

Recent Awards and Recognition:

  1. Npower wins award for customer service: In December 2019, Npower won an award for customer service at the UK's Energy Awards.
  2. Npower's parent company, Innogy, wins award for sustainability: In November 2019, Innogy won an award for sustainability at the German Sustainability Awards.

Please note that the news and updates provided are subject to change and may not be comprehensive. For the latest information on Npower, I recommend visiting the company's website or following reputable news sources.