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OVO Energy is a major energy supplier based in Bristol, England. It was founded by Stephen Fitzpatrick and began trading energy in September 2009, buying and selling electricity and gas to supply domestic properties throughout the UK.
Fitzpatrick co-founded OVO Energy in 2009, as the culmination of a five-year plan during which he received a licence from Ofgem, the UK energy regulator, and along with his wife and co-founder Sophy saved the £350,000 needed to start the business. He acknowledged his inexperience with the energy market, and used the five years to study the ...
Spark Energy was an electricity and gas supplier in the United Kingdom, established in 2007 and headquartered in Selkirk, Scottish Borders.Its operating company Spark Energy Supply Ltd entered administration in November 2018, and industry regulator Ofgem appointed OVO Energy to take over Spark Energy's 290,000 customer accounts; OVO continues to run Spark as a separate brand, but is in the ...
Workers at Ovo are said to be “devastated” by news that 1,700 jobs are set to be cut by the energy firm. Staff were given details of plans on Thursday, which include reducing the number of ...
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The Big Six were the United Kingdom's largest retail suppliers of gas and electricity, who dominated the market following liberalisation in the late 1990s. By 2002, six companies – British Gas, EDF Energy, E.ON, RWE npower, Scottish Power and SSE – had emerged from the 15 former incumbent monopoly suppliers (the 14 regional public electricity suppliers and British Gas).
The business has seen several changes of ownership from 1996, and the SWALEC brand has been used for retail gas supply as well as electricity. Today National Grid runs the distribution network business, and SWALEC Contracting is a trading name of OVO Energy. The name SWALEC is a syllabic acronym of 'South Wales Electricity'. [1]