The two firms said they were in well-advanced talks to create a new independent energy supply firm. Both companies have opposed the government’s plans for a price cap on energy prices, which Theresa May has said she is imposing to end “rip-off” standard variable tariffs. In the longer term, it said it was considering dumping standard variable tariffs entirely. One comparison site said the move could potentially benefit npower customers. SSE currently have lower prices than npower as well as better service levels,” said Mark Todd of Energyhelpline.

Source: The Guardian November 07, 2017 14:59 UTC