French energy giant Engie is to launch a domestic energy tariff which it believes will be a “bullet” to big six rivals. The company’s chief executive Isabelle Kocher made the promise in an interview with the Sunday Times this weekend. She also explained that the tariff would be competitive, despite threats of a government-imposed energy price cap, because it will be “embedded with the wholesale price”. Engie, formerly GDF Suez, plans to link its new domestic energy offering with a broader strategy for city-scale energy services. This might include deals with companies and councils to reduce usage and emissions.
Utility Week 2nd May 2017 read more »