THERE’S a major update about the future of a big energy supplier with more than one million customers. Octopus Energy is understood to be the front runner to buy Shell’s domestic energy…
The supplier expects to complete a deal in autumn but any buyout would be subject to usual regulatory approval.
When ownership of an energy supplier changes, customers are never left without energy and their services remain unaffected. Affected customers are usually given several months' notice before their accounts are transferred over to the new supplier. In a statement made in June, Shell said: "We are committed to supporting both customers and staff and protecting customer interests during this period, and to ensuring a seamless transfer to a buyer capable of delivering on its obligations, including our intent to maximise
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