An energy supply company with almost 300,000 customers has ceased trading. Spark Energy Supply is part of a gas and electricity firm which employs more than 300 staff at its Selkirk headquarters. The move comes after the company was given a £14m bill by the energy regulator Ofgem for non-payment of its renewable power obligation. Ovo Energy has confirmed it has entered into a conditional agreement to buy the company and take on its customers. Ofgem said the energy supply for Spark’s 290,000 customers would continue as normal. It advised customers to take meter readings, and said outstanding credit balances would be protected.
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Irish Examiner 23rd Nov 2018 read more »