We can confirm that the sale of our business to British Gas has now completed. British Gas will start writing to customers from week commencing 21st September inviting them to move across.
We will be here to continue supporting our customers and to make that journey as seamless as possible.
So where actually does that money go? Well your Energy bill pays for the following:
Energy providers have to first purchase the wholesale electricity and gas on the wholesale market. Energy can be purchased months or years in advance.
Electricity and gas must be distributed from source to end user, suppliers have to pay for this service.
Government intervention to ensure we deliver a lower carbon footprint and care for vulnerable members of society. This includes policies such as the Warm Home Discount, the rollout of new Smart Meters and the Feed-in-Tariff.
Supplier pre-tax margin – This is the difference between the money an energy company receives from their customers and the costs they have to deliver that energy. Energy providers must pay tax and fund debt payments plus other obligated costs from this money.
Other Direct Costs – Any other costs that do not fit into the above categories.