BGN Entrepreneur

The energy supplier–Centrica, who owns British Gas, is now expanding the range of its services in the US with the acquisition of an Illinois-based company that issues warranties against home appliance breakdowns.
The deal comes almost a year and a half after Direct Energy announced the $183m purchase of Clockwork Home Services. Currently, it is being [...]

The Energy and Climate Change Minister–Charles Hendry said in an intervention likely to put pressure on regulators, that the suppliers might be too important to future energy secrurity to be exposed to the full rigours of a competition investigation. This warning came along with the speculation that the Competition Commission could be called in to [...]

While millions of people are struggling to pay big bills brought on by the harsh winter, the energy companies are actually boosting their profits by 20%. The energy suppliers have been capable of earning bumper profits as the prices at which they purchase energy have fallen, but the savings were passed on to customers.
Experts in [...]