Who owns uk utilities

Many of the famous household names we know today like EDF and nPower have their roots in Europe rather than a British company. This includes who owns them now and which independent energy suppliers are ultimately British businesses. It was bought in , previously National Power, but are now part of Eon.

German-owned Eon , which is a merger of two large energy companies, bought UK Powergen in Although, it was only in that they became Eon. So now that you know which of the big six energy companies are owned by British companies what about the smaller independent suppliers?

They have been disrupting the energy industry with their excellent customer service and costs, are they British too? In the longer term, networks are required to undergo rapid and transformative change. We expect electricity networks to move towards more flexible and responsive distributed service provider models.

For gas, there is a very uncertain role for the gas grid when it comes to heat in the future and the rapid growth in heat networks is seen as central to decarbonisation. With these major changes coming, you have to wonder, is the current system of ownership really the best model?

You must be logged in to post a comment. After a quick scan of the company websites of all the companies currently operating networks I drew out the following ownership information: In terms of gas distribution the networks are distributed around the country as shown below: Figure 1. Committees and hot air — is there a global warming link? Leave a Reply Cancel reply You must be logged in to post a comment. ON proper — customers looking to switch to npower will instead be directed to E.

There are many other smaller power suppliers in the UK. OVO brings innovation and sustainability to the British energy sector, with aims of modernising the industry. Founded in , OVO has its sights set on becoming a carbon-free energy supplier with sustainably sourced electricity and carbon-neutral gas.

Furthermore, along with its business goals, OVO also runs a charitable foundation that focuses on improving education access to at-risk youth in the UK and Kenya, creating access to electricity in rural parts of Kenya, and improving the youth homelessness crisis in the UK.

OVO was founded and is headquartered in Bristol. Another young energy company which is disrupting the UK energy industry is Bulb Energy. Bulb first entered the market in , based in London, with hopes of bringing simpler, cheaper, and greener energy to UK energy consumers. First entering the UK energy market in , Octopus Energy is another start-up energy company to consider.

Known and regarded for its excellent customer service, the London-based energy supplier came into the market with hopes of changing the traditional landscape for a new era of corporate transparency and green energy in the UK.

Octopus serves over , customers across the UK and regularly earns five-star customer service ratings on review and comparison sites such as Trustpilot and uSwitch. It has steadily absorbed various other energy companies, including Co-op Energy. One of the oldest suppliers outside of the big six — Ecotricity — is also British-owned. Ultimately, the best UK energy supplier for your needs depends on what you want from a supplier. Meanwhile, if you see value in being part of an international supplier who has ties throughout the world, EDF Energy and E.

ON would likely be the go-to choices. Finally, if you fancy modern, millennial values such as environmental sustainability and great customer service, the younger companies such as OVO Energy and Bulb are excellent options for green energy in the UK. This means that there is a great variety of British energy suppliers to choose from when making your decision.