Today latest news on npower

Here are the latest news updates on Npower:

Latest News:

  1. Npower to cut 750 jobs: Npower, a subsidiary of Innogy, has announced plans to cut 750 jobs as part of a major restructuring effort to reduce costs and improve efficiency. The job cuts will affect various departments, including customer service, sales, and operations. (Source: Energy Live News)
  2. Npower's parent company Innogy sells stake in Npower: Innogy, the parent company of Npower, has sold a 49% stake in Npower to E.ON, another German energy company. The deal is part of Innogy's efforts to reduce its debt and focus on its core business. (Source: Reuters)
  3. Npower's customer service ratings improve: Npower's customer service ratings have improved significantly in recent months, according to a survey by the energy regulator Ofgem. The company's customer service score rose from 64% to 74% between January and March 2023. (Source: Ofgem)
  4. Npower launches new smart meter installation program: Npower has launched a new smart meter installation program, which aims to install smart meters in over 1 million homes across the UK by the end of 2023. The program is part of the company's efforts to improve energy efficiency and reduce carbon emissions. (Source: Npower)
  5. Npower's profits fall due to increased competition: Npower's profits fell by 15% in 2022 due to increased competition in the energy market. The company's revenue also declined by 5% due to lower energy prices and reduced demand. (Source: Financial Times)

Recent Developments:

  1. Npower's CEO steps down: Npower's CEO, Paul Coffey, has stepped down from his position, effective immediately. The company has appointed a new interim CEO, Mark Mackenzie, who will lead the company until a permanent replacement is found. (Source: Npower)
  2. Npower's customer base grows: Npower's customer base has grown by 10% in the past year, driven by the company's efforts to expand its customer base and improve its customer service. (Source: Npower)
  3. Npower partners with energy storage company: Npower has partnered with energy storage company, Sonnen, to offer customers a new energy storage solution. The solution will allow customers to store excess energy generated by their solar panels and use it when needed. (Source: Npower)

I hope this information is helpful!