‘Unfair’ Npower contracts enrage electricity buyers
3 April 2012
Electricity buyers’ anger rose this week with claims that the collapse of key power supplier Independent Energy UK was prompting unfair price increases.
Independent – the first of the new breed of suppliers to lead the way with price reductions – went into receivership last month and was subsequently bought out by competitor Npower. Electricity buyers have since had their Independent contracts torn up by Npower, which has been charging them higher “pool” rates for electricity until new contracts are drafted.
The...