Eon, Hometree strike deals to snap up parts of Ovo Energy Energy Two arms of Ovo Energy have been snapped up by separate buyers, ending uncertainty over the retail energy giant’s future. German energy firm Eon is to acquire Ovo’s retail business, creating one of the UK’s biggest energy operators with around 10m combined customers, while Ovo’s Home Services arm, including Corgi Homeplan and Homepeat, is to [...]
Ofgem tells E.ON Next to pay up over prepayment meter failings Energy The energy regulator Ofgem has told provider E.ON Next to pay up £14.5m for failing to provide final bills and refunds to its customers. E.ON failed to provide customers energy bills or give them back money owed on credit balances for prepayment meters. This comes after an investigation by Ofgem found that nearly 250k prepayment [...]