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uSwitch.com was founded by Lord Milford Haven in September 2000 with an initial £4 million investment to take advantage of the UK's deregulated gas and electricity markets. [citation needed] He partnered with Andrew Salmon, [1] [2] and Vipul Amin. [3] The company subsequently expanded into the telephony and communications markets in 2001.
It is the trading name of British Gas Services Limited and British Gas New Heating Limited, both subsidiaries of Centrica. [5] Serving around ten million homes in the United Kingdom, British Gas was the largest electricity supplier in the country until 2024 when it was overtaken by Octopus Energy. [6] It remains the largest gas supplier.
In 2019, the company won a contract to provide payment services to British Gas, from its main rival Paypoint, specifically for pre-paid cards for gas and electricity meters. By 2020, the company had expanded its network to over 24,000 partnered stores across the UK. [ 8 ]
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National Grid plc is a British multinational electricity and gas utility company headquartered in London, England. Its principal activities are in the United Kingdom, where it owns and operates electricity and natural gas transmission networks, and in the Northeastern United States, where as well as operating transmission networks, the company produces and supplies electricity and gas ...
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GB Gas Holdings Limited, founded 1996, which holds British Gas (also known as Scottish Gas). [11] [12] [13] Centrica Hive Ltd, founded in 2007. [14] In 1998, Centrica's supplier monopoly for gas came to an end. Centrica maintained the British Gas retail brand but is only allowed to use this brand name in the United Kingdom.
BG Group plc was a British multinational oil and gas company headquartered in Reading, United Kingdom. [ 3 ] [ 4 ] On 8 April 2015, Royal Dutch Shell announced that it had reached an agreement to acquire BG Group for $70 billion, subject to regulatory and shareholder agreement.