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Centrica Subsidiary Acquires Book Of Retail Energy Customers

December 23,2019



U.K. regulator Ofgem has appointed British Gas, a unit of Centrica, to take on supplying Breeze Energy’s 18,000 domestic customers, after Breeze Energy ceased trading, as previously reported

The assignment follows a competitive process run by Ofgem to get the best deal possible for customers, Ofgem said

"British Gas is offering customers a competitive tariff. All outstanding credit balances, including money owed to both existing and former customers of Breeze Energy, will also be honoured and British Gas will absorb a significant portion of these costs," Ofgem said

"If customers wish to switch supplier they should shop around. Customers will not be charged exit fees if they decide to switch to another supplier," Ofgem said

Tags:
Centrica   M&A   U.K.   British Gas  

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